The King crowned top earning dead celebrity

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Elvis Presley has been renamed the highest earning dead celebrity, after being beaten to the top spot by Nirvana’s Kurt Cobain last year.

The King earned $49 million (£23.7m), earning royalties from DVDs, licensing deals and tourists who still make the pilgrimage to his Graceland mansion in Memphis.

According to Forbes.com, next on the list was John Lennon with $44 million, followed by Peanuts creator Charles M Schulz ($35m) and George Harrison ($22m).

The 13-strong list earned a combined $232 million (£112.2m), with contributions from Albert Einstein, Andy Warhol and rapper Tupac Shakur.

Soul legend James Brown - who died late last year - and actor Steve McQueen were newcomers to the list. Marilyn Monroe meanwhile was the only woman to make the top 10.

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