The comic book legend passed away earlier today

Tributes are being paid to the co-creator of Marvel comics - Stan Lee - who has died at the age of 95.

His daughter has confirmed the news to the Reuters news agency.

TMZ reported an ambulance rushed to Mr Lee's home in Hollywood early this morning.

He was then rushed to to Cedars-Sinai Medical Center where he later died.

Stan Lee created or co-created characters such as Spiderman, Iron Man and the X-Men.

Chairman and CEO of The Walt Disney Company, Bob Iger, said: "Stan Lee was as extraordinary as the characters he created.

"A super hero in his own right to Marvel fans around the world, Stan had the power to inspire, to entertain, and to connect.

"The scale of his imagination was only exceeded by the size of his heart".

In a lengthy statement, Marvel said: "As Marvel's Editor-in-Chief, Stan 'The Man' Lee made his voice the voice of the stories themselves.

"Writing virtually every Marvel title and working with such luminaries as Jack Kirby, Steve Ditko, Don Heck, Gene Colan and John Romita, Stan began building a universe of interlocking continuity, one where fans felt as if they could turn a street corner and run into a Super Hero.

"A rich collection of characters grew out of his nonstop plotting sessions with his artists, including the Fantastic Four, Spider-Man, Thor, Iron Man, the Hulk, the X-Men, and more.

"Today, it would be almost impossible to find a corner of the Marvel Universe that Stan didn't have a hand in."

Tributes are also being paid on Twitter: