Malcolm Young Net Worth

What was Malcolm Young’s Net Worth?

Malcolm Young, a Scottish-born Australian guitarist, had a net worth of $100 million at the time of his death in 2017. He was best known as the co-founder, rhythm guitarist, songwriter, and backing vocalist of the Australian rock band AC/DC. Despite his retirement in 2014 due to early-onset dementia, Malcolm Young’s contributions to the band’s success were significant.

Highlights

– Malcolm Young had a net worth of $100 million at the time of his death in 2017.

– He co-founded the rock band AC/DC and was responsible for the band’s sound as the rhythm guitarist.

– AC/DC sold over 200 million albums and regularly performed in packed stadiums worldwide.

– Malcolm Young was diagnosed with lung cancer in 2010, but the treatment was successful.

– He retired from AC/DC in 2014 due to early-onset dementia and passed away in November 2017.

Early Life

Malcolm Young was born on January 6, 1953, in Glasgow, Scotland. In 1963, his family immigrated to Australia, settling in the Sydney suburb of Burwood. He was one of several siblings, including his brother Angus Young, who would later become his bandmate in AC/DC.

Career

Malcolm Young’s music career began with the Marcus Hook Roll Band, formed by his brother George and music partner Harry Vanda. He then played guitar on Stevie Wright’s song “Evie.” In 1973, Malcolm Young co-founded AC/DC with his brother Angus. The band went through various lineup changes before achieving international success.

With AC/DC, Malcolm Young contributed to the band’s iconic sound as the rhythm guitarist and co-writer of their material. Their breakthrough album, “Back in Black,” became the second-bestselling album of all time, solidifying their place in the rock music industry. They continued to release successful albums until Malcolm’s retirement in 2014 due to his dementia diagnosis.

Personal Life

Malcolm Young was married to Linda Young, and they had two children named Cara and Ross. He battled lung cancer in 2010 and later faced the challenges of early-onset dementia, eventually requiring full-time care. He passed away in November 2017 at the age of 64, shortly after the death of his older brother George.

Net Worth Over Time

Throughout his career, Malcolm Young accumulated a net worth of $100 million. AC/DC’s massive album sales, successful tours, and continuous popularity contributed significantly to his wealth. However, his retirement and subsequent health issues limited his ability to continue earning from his music career.

Components of Net Worth

Malcolm Young’s net worth primarily consisted of his earnings from AC/DC’s album sales, world tours, and royalties as a songwriter. Additionally, his share of the band’s merchandise sales and other business ventures may have contributed to his net worth. However, specific details about the breakdown of his net worth are not publicly available.

In conclusion, Malcolm Young was a talented guitarist and songwriter who played a crucial role in the success of AC/DC. With a net worth of $100 million, his contributions to the band’s music and impact on the rock music industry will always be remembered. Despite his health challenges, his legacy as a rock icon remains intact.

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