Thursday, March 24, 2011 2:41pm ET by  
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Sir Elton honours Dame Elizabeth Taylor

Sir Elton John paid tribute to his great friend Dame Elizabeth Taylor following her death on Wednesday, March 23 during his live show in America that night. 

The gig, which was in Pennsylvania and on the same date as Taylor's tragic passing, was sold out and the 'Your Song' star gave a speech to the auditorium about what his friend meant to him. Speaking from the heart, he explained:

"Today I lost a friend and you lost a hero named Elizabeth Taylor. She was not just a movie star, although she was a huge movie star and there will never be anyone like her again ... She was without a doubt one of the greatest people I've ever met in my life,"

He also commended her loving and accepting nature, adding:

"She stood up when no one was prepared to stand up and be counted against AIDS,"

He dedicated 'Don't Let The Sun Go Down On Me' to her memory and introduced it with a final message of love and respect for Taylor:

"God bless you, Elizabeth. God knows how we're going to replace you. This is for you and your beautiful memory and for all the people you helped and saved,"

Watch the heartfelt performance here: