#1 Nikolai Volkoff
Before there was Vladimir Koslov and Rusev, there was one of the first 'Anti-American' heels from the 1980s in Nikolai Volkoff.
Maybe that is the reason why he is in the WWE HOF because pulling off that type of gimmick in the middle of a cold war between the USA and USSR would be tough to do.
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All he needed to do was simply sing the Soviet Union's National Anthem during a tumultuous time period of the Cold War and fans would loudly boo him.
But whereas the Iron Sheik seems to be a somewhat outrageous real-life personality, Volkoff seemed like one of the nicest people in the world.
Although that doesn't necessarily warrant induction into the HOF, perhaps that is part of the reason. He did switch to becoming a fan of the USA after the Soviet Union folded even pairing up with the All-American gimmick man of 'Hacksaw' Jim Duggan.
Volkoff's lone championship was a tag team title run with the Sheik, but other than that, his career wasn't laden with main-event storylines or titles.