Here's another standard-tuned version, with much easier chords than the E version, 
but the capo set rather high (4). If you just have to play in standard tuning, in 
the key of the album track, I recommend this one.

King of the World
Point of Grace
Tuning: Standard, Capo 4 (true key: Gb Major)
Time: 3/4, Tempo: ~150bpm (~50 counted in ?one?)

Intro: D D/E D/F# G D D/E D/F# G2

[Verse 1:]
D         D/E          D/F#        G
Spinning around on the tops of his feet,
D             D/E          D/F#      G
Smiles of the angels could not be so sweet.
A         Bm       D/F#       G
Wide blue eyes and piggy tail swirls
Em7       D/F#    G2
She?s her daddy's girl.

[Verse 2:]
       D            D/E          D/F#          G
?Cause he knows the jokes that always make her laugh
D             D/E         D/F#         G
Takes her for ice cream instead of her nap.
       A          Bm         D/F#         G
At the end of the day by the light of the moon,
     Em7                  Asus               A
They turn up the music in their living room,   and she yells

[Chorus:]
D/F#  G   A         Bm              D/F# G     A          Bm
Dance me, dance me around, ?till my feet don?t ever touch down! 
       Em7             D/F#        G          A
?Cause there?s nothing better than being your girl, 
       Em7       D/F#           G
And if I am your princess, then daddy, 
Asus        A           D      D/E D/F# G
You are the king of the world.

D D/E D/F# G

[Verse 3:] 
     D         D/E           D/F#       G
It?s funny how life moves in circles of time 
   D            D/E      D/F#          G
To think not so long ago that face was mine 
A          Bm          D/F#           G
Houses get smaller, we take different names 
    Em7                          Asus  A
But some things in life stay the same.

[Chorus]

[Bridge:]
D               F          Em                 D
Some day she?ll go off and find a life of her own,
    D       G            A            D
And marry a good man and make a happy  home. 
          F                                  G
Until she comes back and sees with those same eyes 
     Em          Asus    A
What time cannot    disguise...

[Verse 4:]
    D                 D/E            D/F#        G
She walks through the door with that look on her face,
        D             D/E      D/F#          G
 ?Cause daddy's brown hair has all turned to gray.
A             Bm          D/F#         G
They talk for hours, they cry and they laugh,
A            Bm         D/F#      G
watchin? old movies and  thinkin? back.
Em7         D/F#     G
Just as she turns to go,
           Em7                Asus          A
She says, ?Hey Dad, how ?bout one for the road??

D/F#  G   A         Bm            D/F# G     A          Bm
Dance me, dance me around till my feet don't ever touch... 
Bm    A/C#
Down!

[Final Chorus:]

D/F#  G   A         Bm              D/F# G     A          Bm
Dance me, dance me around, ?till my feet don?t ever touch down! 
       Em7             D/F#        G          A
?Cause there?s nothing better than being your girl, 
       Em7             D/F#        G          A
Oh no, there?s nothing better than being your girl,
       Em7       D/F#           G       Dsus
And if I am your princess, then daddy, (extra measure)
A                       D      D/E D/F# 
You are the king of the world,        
G       D       D/E  D/F# G
king of... the world.

[Tag]
D         D/E          D/F#        G
Spinning around on the tops of his feet,
D             D/E          D/F#         G
Smiles of the angels could not be... so sweet.