The most recognizable figure in fashion Karl Lagerfeld has died and the industry is reeling at the news it has lost one of its greatest designers.

With his black-rimmed glasses, black tie, silver ponytail and fingerless gloves, Lagerfeld had the most iconic personal style of any designer. Known as the creative genius behind Chanel since taking the helm in 1983, "The Kaiser," as he was known, is receiving tributes from celebrities and business leaders alike. "We have lost a creative genius who helped to make Paris the fashion capital of the world, and Fendi one of the most innovative Italian houses. We owe him a great deal: his taste and talent were the most exceptional I have ever known," Bernard Arnault, the chairman and CEO of Chanel rival LVMH said in a statement. "The death of this dear friend deeply saddens me, my wife and my children. We loved and admired him deeply."

Lagerfeld started working under Pierre Balmain in Paris in the 1950's, had a stint at Chloe, and went on to design fur for Fendi before taking the reins at Chanel.

The cause of death has yet to be released by Chanel released a statement during Fashion Week when the designer was absent at his show, attributing it to "tiredness."