Julia Louis-Dreyfus dedicated her latest award to her father because "his opinion was the one that really mattered"

By Aurelie Corinthios Karen Mizoguchi
September 18, 2016 08:55 PM

Julia Louis-Dreyfus broke down in tears Sunday as she accepted her seventh Emmy Award and revealed that her father, billionaire business mogul William Louis-Dreyfus, died two days earlier.

“Lastly, I’d like to dedicate this to my father, William Louis-Dreyfus, who passed away on Friday. I’m so glad that he liked Veep because his opinion was the one that really mattered,” she said.

He was 84.

News of his death broke on Louis-Dreyfus’ hometown newspaper just hours before his famous daughter accepted her award. The late chairman of Louis Dreyfus Energy Service was raised in Paris, but he moved to America with his mother after she divorced her husband. Louis-Dreyfus became a businessman after attending Duke University and Duke University School of Law in North Carolina.

Julia Louis-Dreyfus broke down as she revealed her father died on Friday during her Emmys acceptance speech Sunday night
Vince Bucci/Invision/AP

The art collector and businessman, worth an estimated $3.4 billion, is survived by his wife, Phyllis, and children Phoebe, Emma, Raphael and Julia.

Julia Louis-Dreyfus won the 2016 Emmy Award for outstanding lead actress in a comedy series for her role on Veep.

Keegan-Michael Key presented this year’s award, and the actress accepted her fifth consecutive Emmy win.

Check out PEOPLE’s full 2016 Emmy Awards coverage and complete winners list!

“I’d also like to take this opportunity to personally apologize for the current political climate. I think that Veep has torn down the wall between comedy and politics,” Louis-Dreyfus said, adding, “Our show started out as a political satire but it feels now like sobering documentary. So I certainly do promise to rebuild that wall and make Mexico pay for it.”

Mike Pont/FilmMagic

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Louis-Dreyfus beat out a talented group of nominees, including Lily Tomlin of Grace and Frankie, Amy Schumer of Inside Amy Schumer, Tracee Ellis Ross of black-ish, Ellie Kemper of Unbreakable Kimmy Schmidt and Laurie Metcalf of Getting On.

The 68th Primetime Emmy Awards, hosted by Jimmy Kimmel, are airing live on ABC from the Microsoft Theater in Los Angeles.