![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj_9Z35Hb9JDXBKG73Od5KQJPNm6j4ezOk1k3EoY7xLrooNmAICvUk5hE9G7Jnb92KDOt-he0GnUDJGW4pqoNMp7WrFbOIHEayqblDgF-CauNUYyS_ffb5Nr3AMqE46ZKiJyh0qc4jmz9NN/s320/The-glove-worn-by-Michael-Jackson.jpg)
The glove, among 70 items belonging to the late singer which went on sale in New York, was sold for nine times the expected price.
A jacket worn by Jackson on his 1989 "Bad" tour was sold for $225,000 while a fedora hat went for $22,000.
The auction in New York attracted thousands of bidders around the world.
Auctioneer Darren Julien said the 1983 television appearance when Jackson first displayed the Moonwalk - wearing the glove - had been his "most historical performance".
The glove was bought by a Hong Kong businessman
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Prices for Michael Jackson memorabilia now outstrip those for items belonging to Elvis Presley or Marilyn Monroe, he added.
"It's a tribute to his life and career - he's truly an amazing artist," said Mr Julien.
The glove was bought by Hong Kong businessman Hoffman Ma on behalf of a hotel in Macau China, where it will now go on display.
Including taxes and fees, the final amount paid was $420,000.
Michael Jackson died at his home in Los Angeles in June at the age of 50 after a drugs overdose.