AC/DC founding guitarist Malcolm Young dead at 64

Malcolm Young of the Australian rock band AC/DC poses September 15, 2000 at the Rock Walk handprint ceremony at the Guitar Center in Hollywood, Ca. (Photo /Newsmakers)

Malcolm Young, rock guitarist who co-founded the band AC/DC with his brother Angus, has died. He was 64. A statement from the band said Young had been suffering from dementia for several years and passed away peacefully with his family by his bedside.

"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," Angus Young said in a statement posted on the band's website. "He leaves behind an enormous legacy that will live on forever. Malcolm, job well done."

Angus added, "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."

Statement from AC/DC

It is with deepest sorrow that we inform you of the death of Malcolm Young, beloved husband, father, grandfather and brother. Malcolm had been suffering from Dementia for several years and passed away peacefully with his family by his bedside.

Renowned for his musical prowess Malcolm was a songwriter, guitarist, performer, producer and visionary who inspired many. 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.

Malcolm is survived by his loving wife O'Linda, children Cara and Ross, son-in-law Josh, three grandchildren, sister and brother.

While thanking all for their overwhelming support and heartfelt condolences, the family ask that you respect their privacy during this time of heartbreak and grief.

For those wishing to send messages to the family please visit the Sydney Morning Herald Malcolm Young Memorial website which will be available next week.

The family have asked instead of flowers to send donations to The Salvation Army.