Irv Gotti, the famed hip-hop music executive from New York City, has died at the age of 54. Def Jam Recordings shared a message on social media late Wednesday night confirming his death, saying the label is "deeply saddened.

Gotti died at age 54 after cofounding Murder Inc. Records with his brother, Chris, in 1998. Irv Gotti, the influential music executive who cofounded Murder Inc. Records — the label that helped launch Ja Rule,

Gotti, born Irving Domingo Lorenzo Jr. on June 26, 1970, was a key figure in the sound of ‘90s and 2000s hip-hop, when brash lyricism and outsized personalities blended seamlessly with pop hooks and R&B tenderness.