With two Academy Awards, seven marriages, a successful HIV/AIDS awareness foundation and a lifelong fashion icon, Elizabeth Taylor will never be forgotten.

Oscar winning actress Elizabeth Taylor died today at Los Angeles' Cedars-Sinai Hospital following hospitalization for congestive heart failure. She was 79.

"She was surrounded by her children: Michael Wilding, Christopher Wilding, Liza Todd, and Maria Burton," Taylor's publicist, Sally Morrison, said in a statement.

In the same statement, Michael Wilding, 58, memorialized his mother:

"My Mother was an extraordinary woman who lived life to the fullest, with great passion, humor, and love," he said. "Though her loss is devastating to those of us who held her so close and so dear, we will always be inspired by her enduring contribution to our world. Her remarkable body of work in film, her ongoing success as a businesswoman, and her brave and relentless advocacy in the fight against HIV/AIDS, all make us all incredibly proud of what she accomplished. We know, quite simply, that the world is a better place for Mom having lived in it. Her legacy will never fade, her spirit will always be with us, and her love will live forever in our hearts."

In addition to her children, Taylor is survived by 10 grandchildren and four great grandchildren. Morrison said that a private family funeral will be held later this week. In lieu of flowers, the family asked that contributions be made to the Elizabeth Taylor AIDS Foundation and said that those wanting to send personal messages can log on to Taylor's official Facebook page.

Taylor, a two-time Academy Award-winning actress who became notorious for her seven marriages and sometimes eccentric behavior, had reported health problems in recent years and appeared frail in public appearances. Six weeks ago, she was hospitalized with congestive heart failure. Though she had recently suffered a number of complications, her condition had stabilized and it was hoped that she would be able to return home.

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