The Surprising Net Worth of AC/DC’s Malcolm Young: Uncovering One of Rock’s Greatest Fortunes
When we think of famous rock bands, we often picture them as rebels against the mainstream, living a wild lifestyle without a care for their finances. But for many rockstars, that couldn’t be further from the truth. In fact, some musicians have built empires, generating mind-blowing net worths that we could never have imagined. One of these cases is that of Malcolm Young, the late guitarist and co-founder of legendary rock band AC/DC.
Starting from scratch
Malcolm and his younger brother Angus Young, also a guitarist, started the band in Sydney, Australia, in 1973. The group quickly rose to fame with their energetic and loud performances that blended heavy metal with bluesy rock and roll. The band’s early success was not an instant financial gain, though. Malcolm and the rest of the band struggled to make ends meet, even going as far as living in their tour van.
A life of wealth
Despite the group’s rough beginnings, Malcolm eventually managed to amass a net worth of $100 million, making him one of the richest musicians of all time. His fortune came mostly from his music career, but he also had smart investments in real estate and other businesses.
Continuing the legacy
Malcolm passed away in 2017, leaving his riches to his wife and two children, who are also musicians. The two brothers now keep the AC/DC legacy alive, with Angus acting as lead guitarist and Malcolm’s son Stevie taking over the rhythm guitar.
Rockstar lifestyle
Although they lived a life full of fame and fortune, Malcolm and his fellow band members always seemed to keep a down-to-earth approach to their lifestyle. They were never seen flaunting their wealth, and it was even reported that Malcolm continued to wear the same clothes he had since the 1970s.
A legacy that lives on
AC/DC may have been around for over four decades, but they’re still as relevant and influential as ever. From their catchy anthems like “Thunderstruck” and “Back in Black” to their explosive live shows, the band continues to inspire and entertain audiences around the world.
Adapting to changes
One of the reasons why AC/DC has been so successful is their ability to adapt to different music trends without losing their signature sound. Over the years, they’ve experimented with new genres like grunge, and even shifted their lineup multiple times, but always stayed true to the AC/DC spirit.
Breaking barriers
The band was also a pioneer in exploring themes of sexuality and rebellion, breaking down barriers in the industry and bringing rock music to new heights. Whether you’re a fan of their music or not, there’s no denying the impact that AC/DC has had on the world of rock and roll.
FAQs
Who were the founders of AC/DC? AC/DC was founded by two Australian brothers: Malcolm and Angus Young.
What was Malcolm Young’s net worth? Malcolm Young, the co-founder of AC/DC, had a net worth of $100 million.
How did Malcolm Young make his fortune? Malcolm’s fortune came mainly from his music career, but he also had smart investments in real estate and other businesses.
What is AC/DC’s legacy? AC/DC has been around for over four decades, and their catchy anthems and explosive live shows continue to inspire and entertain audiences around the world.
Why was AC/DC so successful? One reason for AC/DC’s success was their ability to adapt to different music trends without losing their signature sound. The band was also a pioneer in exploring themes of sexuality and rebellion, breaking down barriers in the industry and bringing rock music to new heights.