#5 Honky Tonk Man based on Elvis Presley
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This is one of the most obvious instances of gimmicks based on real people of all time. Honky Tonk Man looked like Elvis Presley, spoke like Presley, named his moves after Presley, and was genuinely one of the most despised heels in the company.
Playing the role of a true coward, he was an incredibly successful WWE Intercontinental Champion despite his obvious lack of technical brilliance. It was all about the way he used his character to play his role to perfection that made the Elvis-wannabe such a hit during his run with the then-WWF.
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