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February 03, 2014 AT 11:50 AM
Tragic news to report from the entertainment world, actor Philip Seymour Hoffman has passed away. The 46-year-old was found dead in his Manhattan apartment on Sunday from a suspected drug overdose. Philip's family released a statement saying, "We are devastated by the loss of our beloved Phil and appreciate the outpouring of love and support we have received from everyone. This is a tragic and sudden loss and we ask that you respect our privacy during this time of grieving. Please keep Phil in your thoughts and prayers." The Oscar winner entered rehab for a ten day stint last year after relapsing following 23 years of sobriety. Our thoughts are with his family.