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AC/DC Co-Founder Malcolm Young Dead at 64

Malcolm Young, co-founder of AC/DC has died at the age of 64. The guitarist and pioneer of rock had fought a 3 year battle with dementia, and is believed to have succumbed to the illness.

In a statement to their fans, AC/DC announced his death by saying:

"Today it is with deep heartfelt sadness that AC/DC has to announce the passing of Malcolm Young. 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."

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Malcolm performed with the band that he co-founded in 1973 for about 40 years before stepping back in 2014 as his health degraded. Although he had been having problems with his memory for years, it wasn't reported until 2014 that he had dementia.

AC/DC has continued to record and tour after Malcolm left the group, with Malcolm's nephew Stevie Young replacing him. Their album Rock or Bust was the first AC/DC album where Malcolm was absent.

The singer/songwriter/guitarist/legend is survived by his wife Linda Young and two children Cara and Ross.