Renowned author Tom Wolfe dies at 87

Nicholas Hunt/Getty Images(NEW YORK) -- Famed American author Tom Wolfe -- who chronicled American power and greed in "Bonfire of the Vanities" and its reach for the stars in "The Right Stuff" -- died Monday in a Manhattan hospital. He was 87.

Wolfe's longtime agent Lynn Nesbit confirmed the writer's death to ABC News. Nesbit said Wolfe died after being hospitalized with an infection.

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