Generous, who took the racing world by storm in 1991, has died at the age of 25.
The Paul Cole-trained colt had a fabulous three-year-old campaign, winning the Derby by five lengths, the Irish Derby by three lengths and the King George VI and Queen Elizabeth Stakes by seven lengths.
He stood at Alfred Buller's Scarvagh House Stud in Northern Ireland for over eight years.
Buller said in a statement: "He was unbelievably intelligent for a horse, kind and truly regal. He will be sadly missed and, to all involved with him, it has been a privilege to have cared for him and looked after him during his last period of life."
Owned by Prince Fahd Salman, the son of Caerleon was ridden to his three major three-year-old victories by Alan Munro, but the partnership ended in defeat in the Prix de l'Arc de Triomphe that October.
Generous was also a top juvenile, springing a 50-1 surprise in the Dewhurst Stakes at Newmarket in October 1990 under Richard Quinn before finishing fourth in the 2000 Guineas on his seasonal return.
Buller said: "He was a special horse. You have never seen a kinder and more likeable animal. He got fan mail and Christmas cards, even up to this year, and the guy who looked after all his fan mail used to send out wee bits of hair from his tail in a plaque as a souvenir.
"There are other stallions, all of whom were champions in their own way, but there was only one Generous."
Munro said: "I'm very saddened by the news. He was a very good horse."
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