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AC/DC Rocker Malcolm Young Dead Aged 64

Legendary Australian guitarist and AC/DC co-founder Malcolm Young has died aged 64.

Young had been suffering from dementia for the past three years.

Known for the powerhouse guitar that propelled the Sydney group to superstardom he had been replaced by his nephew Stevie for the band's last tour promoting the 2014 album 'Rock Or Bust'.

Young died peacefully at his bedside with his family at his side a statement read.

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The band's statement read: "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.

"He always stuck to his guns and did and said exactly what he wanted.

Malcolm Young

"He took in great pride in all that he endeavored. His loyalty to the fans was unsurpassed - he leaves behind an enormous legacy that will live on forever."

Born in Glasgow, Scotland, Young leaves behind his wife Linda and two children.

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