From his official Facebook page:

“Our hearts are broken to announce that the incomparable Meat Loaf passed away tonight surrounded by his wife Deborah, daughters Pearl and Amanda, and close friends,” the family wrote. “We know how much he meant to so many of you and we truly appreciate all of the love and support as we move through this time of grief in losing such an inspiring artist and beautiful man. We thank you for your understanding of our need for privacy at this time.”