Prince once rented out a nightclub for Donatella Versace.

Prince

Prince

The legendary fashion designer has paid tribute to the late singer - who tragically died at his Paisley Park estate in Minnesota on Thursday (21.04.16) - and spoke of how important the young generation was to the 'Purple Rain' hitmaker.

In a tribute on Instagram, she shared: "I am crying. All my memories are coming back to me. He was one of my closest friends. I will always remember when he rented a club, only for him and me. We listened to his music and spoke about the young generation.

"The young people were so important to Prince. They have to follow the example he set, to believe in their heart, respect their own soul and never trade their own individuality. It is what made Prince outstanding and relevant forever. I will always love him."

Meanwhile, other stars of the fashion world have rushed to pay tribute to the 'U Got The Look' singer.

Jeremy Scott remembered the star's bright yellow outfit, which he wore on stage at the 1991 MTV Video Music Awards fondly, writing on Instagram: "If all he had only ever done was to wear these yellow butt out pants that alone would have been enough for him to be a legend in my book."

Whilst supermodel Naomi Campbell added: "Please say this is not true you were a genius I never missed a show .I love you #Prince Rogers Nelson R.I.P (sic)"