Rock ‘n’ roll legend Elvis Presley was knocked off the first place in the “top earning dead celebrities” list by another legend, Nirvana’s Kurt Cobain who committed suicide in 1994.

The list, published on Tuesday, said grunge rocker Cobain earned $50 million between October 2005 and October 2006. Presley wound up in the No. 2 slot with $42 million, down from last year’s $45 million.

[Full Article: CNN]