Prince, whose career spanned several decades, sold tens of millions of albums worldwide and despite his death, will likely sell millions more.
In addition to Prince's widely popular — and prolific — catalog of music, some reports indicate that Prince had created enough unreleased music during his life that his estate could issue an album a year for a century after his death, according to the BBC.
Representatives for Prince did not immediately respond to CNBC's request for comment.
"I started the vault," Susan Rogers, Prince's former sound engineer, said in an interview with BBC, explaining that the bank vault containing Prince's music — released and unreleased — at Paisley Park was nearly filled when she left Prince's employment in 1987.
Posthumous musical releases are not uncommon in the industry. The estates for Michael Jackson, Tupac Shakur and Notorious B.I.G. released songs and albums post-mortem. Seven of Tupac's 11 platinum albums were released posthumously, according to Forbes.
Similarly, David Bowie, who passed away in January, recorded demos for five new songs, according to The Rolling Stone . However, Newsweek reports that there is a long list of unscheduled musical releases slated to arrive starting in 2017.
As of about 2 p.m. ET "The Very Best of Prince" topped Apple's iTunes album chart — with "Purple Rain" in the third position.