The Oscar-winning director passed away in Los Angeles on Monday after a battle with cancer, his spokeswoman confirmed.
Pollack began his career as an actor but turned his attentions to directing with 1965's The Slender Thread. He later directed stars such as Barbara Streisand and Robert Redford in The Way We Were, Dustin Hoffman in Tootsie, Tom Cruise in The Firm and Harrison Ford in Sabrina.
His most successful film Out Of Africa, starring Redford and Meryl Streep, won seven Oscars. His final films as director were 2005's The Interpreter and Sketches Of Frank Gehry, a documentary about the renowned architect.
Pollack also continued to act, taking supporting roles in film and television. He recently appeared in the romantic comedy Made Of Honour and the George Clooney legal drama Michael Clayton.
He is survived by his wife Claire Griswold, their two daughters Rebecca and Rachel, and six grandchildren.