The Young family, featuring Angus and Malcolm of AC/DC and George Young of The Easybeats and Flash & The Pan, is Australia’s 48th richest family.
The Young’s are worth $255 million, according to BRW.
AC/DC earned their money via the millions of sales of AC/DC albums worldwide but more recently for what was grossed on the Black Ice tour.
George Young was a founding member of The Easybeats and with Easybeats co-founder wrote a catalogue of hits for John Paul Young and Stevie Wright and had songs covered by Rod Stewart, David Bowie, INXS, Suzi Quatro and Bay City Rollers.
Vanda & Young also produced the early AC/DC albums through to ‘If You Want Blood’ in 1978.