AC/DC is a famous Australian rock band, and it was formed in Sydney in the year 1973. This band was created by brothers Malcolm and Angus Young. The mean of the hard rock/blues rock band is also assumed as the heavy metal band. According to the Forbes magazine, the band made $67.5 million in 2016. Let’s find out more information about AC/DC net worth in 2020.
AC/DC band was created in the year 1973, Sydney, New South Wales, Australia. The founders of AC/DC band are Malcolm and Angus Young. Malcolm Young was born on Jan 6, 1953, in Glasgow, Scotland, who is the rhythm artist of guitar and also the band’s music anchor. When he was ten years old he was inspired by his older brother whose name was George, Malcolm Young began playing guitar in the local bands named as Velvet Underground ( also known as VU that was pronounced by Lou Reed ).
So the genre of this band are Australian that was formed by Australian brothers those belong from Sydney. They also underwent several line-up changes before releasing their very first album in the year 1975. It was the year when Malcolm Young was decided to join forces with his younger brother Angus Young, and after that, they lent their talents to an obscure recording named as ‘Marcus Hood Roll Band Tales of Old Granddaddy’ then this duo forms AC/DC.
While Angus Young was born on Mar 31, 1955, in Glasgow, Scotland. After that Young and his family moved to Australia in the decade of sixty. George who was the older brother of Young found his fame as a member of the ‘Easybeats’ scores a worldwide smash whose name was ” Friday on My Mind” in the year 1966. After this, both Young’s brother was inspired by his older brother George, and they began learning guitar.
Young’s brother formed his first band in the decade 70, and they took name AC/DC from their sister’s sewing machine. These veteran musicians appeared on all but three of the AC/DC’s studios albums, which have sold more than 200 million copies worldwide. Malcolm Young left his school before his 15th birthday, and he took a job working as a typesetter of the men’s magazine with the title as ‘Ribald’.
Malcolm also had put in a couple of years doing sewing machine maintenance for the company that was manufacturing bras at that time. In 1992 Malcolm was accepted that his younger brother never used to play the guitar together. He said in an interview that Louis Armstrong was one of the great musicians all the time.
AC/DC’s career is also full of many controversies. One of them is that Drummer of AC/DC rock band Phil Rudd charged with attempting to procure the murder of two men but the crown solicitor refused the allegations what were imposed on Phil Rudd. In Nov 1973 Malcolm and Angus Young formed AC/DC and also recruited bassist Larry Van Kriedt and vocalist Dave Evans and also Colin Burgess who was the ex-masters Apprentices drummer. Now according to the reports, Malcolm and Angus Young is retired from the Australian band due to the Dementia.
In the Forbes magazine of addition in 2016, AC/DC band has made its place in the 7th place with the earning of $67.5 million. AC/DC ranked 4th on VH1’s of the 100 greatest artists of the ‘Hard Rock’, and it was also named in the 7th ‘Greatest Heavy Metal Band of All Time’ by MTV. AC/DC was also ranked 72nd on the rolling stone of the “100 Greatest Artist of all time”. Again in 2010, it was ranked 23 on the VH1 list. He was also signed as a worldwide deal with Atlantic Records.
Net Worth & Earnings
AC/DC estimated net worth is about $380 million. Young brothers have multi-billion dollars property, but they spend much of their income on their extraordinary lifestyle. AC/DC rock bands also land his name in the highest paid musician list in the Forbes magazine in the year 2016. Forbes also revealed their income $67.5 million where they landed at the 7th position. In the year that AC/DC sold the most tickets in 2014.
According to the reports that they sold 2.31 million tickets after beating the Swift’s total ticket record of 2.27 million. It was made a record by AC/DC they performed more than 15 shows. Young’s brother has a helicopter, multi Ferraris in his luxurious lifestyle. AC/DC’s drummer Phil Rude also has many controversies in his life. Angus Young who is a Scottish born guitarist has the net worth of $140 million.
Though AC/DC is a famous rock band and it has sold more than 71.5 million albums in the United States of America, and thus AC/DC became a sensation in their native land Australia.