The 66-year-old singer was friends with both the musicians, who passed away this year, and Richie is still processing the loss, admitting their unfortunate deaths have helped him adopt a new 'seize the day' attitude, reported Daily Mirror.
"Every time we get a reminder like this, I use it as a big wake up call to get on with my life, Whatever it is I was planning on doing, I better do it now. There is no promise of next month, next year," Richie said.
"I always thought I would be the hippest old guy that ever lived, hanging out with all the youngsters but we're losing the youngsters, Prince caught me off guard. I was not ready for that one. Thank God we have his music to always play. But I want you here personally, I want you present. I want to see you every day.