At a press conference on Thursday afternoon, Ranieri spoke to the media for the first time since his team were confirmed as the Premier League champions for the 2015-16 campaign.
The Italian hailed his players, staff and chairman, but reserved special tribute to the club's fans, who "were amazing".
"I am very happy and I want to say thank you to all my players, the chairman, staff and the fans - they were amazing," Ranieri told reporters.
"It is difficult to give a message to these fantastic people. They dream, I say dilly-ding, dilly-dong, and they wake up and it is a reality. I say thank you because everywhere I hear them."
Leicester were famously available at 5,000/1 to win the Premier League title at the start of the season.