Billy Joel is most well known for topping the charts in the 1970s and 1980s with hits like ‘Piano Man’, ‘Uptown Girl’ and ‘We Didn't Start the Fire’.
Award-winning singer-songwriter Billy Joel is set to receive the Gershwin Prize for Popular Song.
The ‘Piano Man’ will the sixth recipient of the prize.
Awarded by the US Library of Congress, it honours individuals for their lifetime achievement in popular music.
Joel was praised for being "a storyteller of the highest order".
"There is an intimacy to his songwriting that bridges the gap between the listener and the worlds he shares through music," Librarian of Congress James H Billington said.
Joel has won multiple Grammy Awards over his 50-year career; he was presented with a Grammy Legend Award in 1990 and was inducted into the Rock and Roll Hall of Fame in 1999.
"The great composer, George Gershwin, has been a personal inspiration to me throughout my career," Joel said.
"The Library's decision to include me among those songwriters who have been past recipients is a milestone for me."
He will receive the prize in Washington DC in November and be honoured in a series of events.
Watch Billy Joel perform 'Just The Way You Are' below: