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Music mogul Clive Davis has died at 94.

Davis passed away from an age-related illness Monday at his home in Manhattan, surrounded by his family, Fox News Digital can confirm.

The famed executive had been hospitalized earlier this year for an upper respiratory infection, The New York Times reported.

The Davis family put out a statement on the music producer's Instagram, writing, "To the world, our father was the iconic music legend whose vision, instincts, and relentless pursuit of excellence shaped the soundtrack of countless lives. He discovered, mentored, and championed the greatest artists in modern music history, leaving an indelible mark on culture that will endure for generations."

The statement continued, "To his family, Clive was Dad and Granddaddy, the steady presence at the center of our lives, the source of wisdom, strength, encouragement, and unconditional love. No matter how extraordinary his professional accomplishments, he never lost sight of what mattered most: the people he loved."

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Clive Davis standing and smiling in New York City.

Clive Davis has died. He was 94. (Larry Busacca/WireImage)

"Through every chapter of his remarkable life, family remained Clive’s greatest pride and deepest joy. Today, we celebrate not only a towering figure whose influence changed music forever, but the man who led our family with grace, generosity, and kindness. We will miss him greatly, cherish him always, and carry his love with us for the rest of our lives." 

Davis helped shape the careers of some of the biggest names in music, including Whitney Houston, Bruce Springsteen, Alicia Keys, Carlos Santana, Aerosmith, Aretha Franklin, Janis Joplin, Earth, Wind & Fire and Billy Joel.

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Springsteen and his band mourned the loss of the legendary music mogul in a statement shared on Instagram Monday. 

"Over here on E Street, we mourn the death of the great record man and close friend Clive Davis," Springsteen wrote. "At 22 years old, he changed my life when he signed me to Columbia Records. He treated me with the same respect and kindness as a 22-year-old nobody as he did after all my success. A great man. All our prayers and love."

Rod Stewart admitted Davis' death was a day he was "dreading," and was at a loss for words in an emotional tribute shared online.

"A giant of a man in the music business," he wrote on Instagram. "I owe Clive so much. The force behind J Records, he was the only one who believed a rock singer could sing the standards with conviction. Other labels rejected the idea, and so The Great American Songbook was born, selling close to 40 million copies."

Clive Davis on the phone

Clive Davis was the chief creative officer of Sony Music Entertainment. (Michael Ochs Archives/Getty Images)

Clive Davis and Carrie Underwood in 2007

Clive Davis and Carrie Underwood at the "American Idol" Season 6 finale, where Underwood was presented with a plaque commemorating her 6 million U.S. album sales. (Lester Cohen/WireImage)

Stewart added, "We had some wonderful, unforgettable times together, but for now, Mr. Davis, it’s goodbye, my dear friend."

Barry Manilow wrote, "My heart is heavy with the loss of my friend Clive Davis. For fifty years we worked together, created together, argued together, and celebrated together. Yes, some would say it was business. But to Clive, it never was. It was family. And I was honored to be a part of his."

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Martha Stewart paid tribute to the legend with a carousel of images as she honored her "lovely friend, mentor and neighbor, the indominitable, indefatigable, amazing, talented, intuitive, Mister Clive Davis" online.

"I will miss him so very very much," Stewart wrote. "Not only did he provide us with some of the best performers and their music for more than half a century, he was the kindest, most thoughtful and caring human being."

She added, "Over the years, I attended many of his super-duper Grammy parties, his birthday celebrations, his dinners honoring his artists and friends, but I also got to honor him for the Martha Stewart center for Living at Mount Sinai. We will miss you Clive!!!!!"

Clive Davis in a black suit stands next to Whitney Houston in a shimmery silver suit who stands next to Bobby Brown in a navy suit

Clive Davis served as a producer on the film "I Wanna Dance With Somebody" starring Naomi Ackie as Whitney Houston and Stanley Tucci as Davis. (L. Cohen/WireImage)

barry manilow with clive davis

Barry Manilow paid tribute to the music icon on social media Monday. ( Bruce Glikas/WireImage)

Davis once admitted he "didn’t necessarily have an ear" in the industry, but instead "developed one" for his craft. 

"Whether there was a natural ear that was triggered, I don’t know the answer to that," he told Playboy in 2013. "But when you see a Joplin or a Springsteen, you know. And the statistics start mounting and give you confidence. You think, ‘My God, yeah, I did say yes to Santana.'"

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Unlike other record moguls whose influence waned as they got older, Davis' influence only seemed to grow over his career, which spanned more than five decades, various genres and multiple labels. Into his 80s, he was directing the careers of everyone from Barry Manilow to "American Idol" winners Carrie Underwood and Kelly Clarkson.

Although Davis became president of Columbia Records in 1967 after joining the music company as a lawyer in 1960, he was gone by 1973 after the label accused him of mismanagement of funds.

While Davis was cleared of the allegations, he later faced an indictment on tax evasion charges and eventually paid a $10,000 fine after pleading guilty.

To resolve the dispute, Columbia gave Davis money to begin Arista Records. The company would help launch the careers of country superstars Brooks & Dunn, R&B group TLC, Babyface, Houston, Franklin and others.

Davis was later ousted from Arista Records in 2000 by parent company BMG Entertainment. However, BMG went on to help him launch J Records. Both Arista Records and J Records are widely known as powerhouses in the music industry.

J Records was a success from the start, largely due to the career of Keys. Keys was known as the flagship artist of the record label after following Davis to J Records from Arista.

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In 2008, Davis was appointed chief creative officer of Sony Music Entertainment, years after BMG Entertainment and Sony Music merged.

While he wasn't a performer himself, Davis' "greatest hits" are the artists and projects he championed. Known for his legendary ear for talent, Davis earned five Grammy Awards and was inducted into the Rock & Roll Hall of Fame as a non-performer in 2000.

He is survived by his sons Fred, Doug and Mitchell, daughter Lauren, and his eight grandchildren — Austin, Charlie, Matthew, Hayley, Harper, Sloane, Billie and Cody — two great-grandchildren, cousin Jo Schuman and partner Greg Schriefer. 

The Associated Press contributed to this report.