Malcolm Young, AC/DC Guitarist and Co-Founder, Dead at 64

Malcolm Young, guitarist and co-founder of AC/DC, died Saturday at the age of 64. Young had been suffering with dementia for the past three years, an illness that forced his retirement from the Rock and Roll Hall of Fame-inducted band he founded with his brother Angus Young in 1973.

“Today it is with deep heartfelt sadness that AC/DC has to announce the passing of Malcolm Young,” AC/DC wrote in a statement.

“Malcolm, along with Angus, was the founder and creator of AC/DC. With enormous dedication and commitment he was the driving force behind the band. As a guitarist, songwriter and visionary he was a perfectionist and a unique man. He always stuck to his guns and did and said exactly what he wanted. He took great pride in all that he endeavored. His loyalty to the fans was unsurpassed.”

Angus Young added, “As his brother it is hard to express in words what he has meant to me during my life, the bond we had was unique and very special. He leaves behind an enormous legacy that will live on forever. Malcolm, job well done.”

The Young brothers lost their older brother George Young, the Easybeats guitarist and AC/DC’s longtime producer, in October at the age of 70.

In an additional statement to Australia’s SBS, the band said that Malcolm Young died peacefully Saturday with his family by his side.

“Renowned for his musical prowess, Malcolm was a songwriter, guitarist, performer, producer and visionary who inspired many,” the statement said. “From the outset, he knew what he wanted to achieve and, along with his younger brother, took to the world stage giving their all at every show. Nothing less would do for their fans.”

This story is developing.