HarperCollins said Dame Hilary had died "suddenly yet peacefully" on Thursday, surrounded by family and friends, after suffering a stroke.
Wolf Hall was a fictional account of Thomas Cromwell's rise to power in the court of Henry VIII.
The third and final book in the series, The Mirror and the Light, was published in 2020 to much critical acclaim, became a fiction best-seller and was longlisted for The Booker Prize 2020.