"These are folks who have helped make me who I am," Obama said as the celebration concluded in the White House East Room.
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Among those getting the Presidential Medal of Freedom were actors Tom Hanks, Robert De Niro, Robert Redford and Cicely Tyson.
WATCH MEDAL RECIPIENTS DO 'MANNEQUIN CHALLENGE'
Michael Jordan and Kareem Abdul-Jabbar, two of the best basketball players ever, were also among the honorees.
Michael Jordan Medal of Freedom
Obama struck a humorous note early in the ceremony, alluding to Jordan as that character actor from 'Space Jam.' "
2016 Presidential Medal of Freedom recipients
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Bruce Springsteen and Diana Ross were recognized for their music.
Other honorees included philanthropists Bill and Melinda Gates, comedian Ellen DeGeneres and broadcaster Vin Scully.
Obama said the people receiving the medal helped push America forward and inspired millions around the world.
The award recognizes especially meritorious contributions to the national interests of the United States, to its culture, or to other significant endeavors.
Posthumous honors went to Native American advocate Elouise Cobell and Rear Adm. Grace Hopper.
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Others receiving the award included: Richard Garwin, an inventor and polymath physicist who made pioneering contributions to the nation's defense; Frank Gehry, one of the world's leading architects; Margaret H. Hamilton, a mathematician and computer scientist; Maya Lin, the designer of the Vietnam Veterans Memorial; Lorne Michaels, producer of "Saturday Night Live"; Newton Minow, a former Federal Communications Commission chairman devoted to numerous public and charitable causes; and Eduardo Padron, president of Miami Dade College.
Obama said the people receiving the medal helped push America forward and inspired millions around the world.
The award recognizes especially meritorious contributions to the national interests of the United States, to its culture, or to other significant endeavors.
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