Angus Young of AC/DC. photo by Ros O'Gorman, Noise11, photo

Angus Young of AC/DC. photo by Ros O'Gorman

Young Family Joins Australia’s Richest Families List

by Paul Cashmere on July 25, 2013

in News

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.

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