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Malcolm Young Net Worth

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Malcolm Young's Net Worth as of 2024
$100 Million

Malcolm Mitchell Young is a Scottish-born Australian guitarist best known as the rhythm guitarist, song writer, backup singer and co-founder of iconic rock band AC/DC. Born on 6th January 1953, Malcolm is the sixth child of the family who migrated to Australia when he was 10 years old. He picked up guitar at a young age and has been entertaining us since 1973.

The co-founder of band AC/DC, how rich is Malcolm Young? According to recent estimations, Malcolm has a net worth of $100 million. His major source of income is obviously his ever successful career in music. As the band has sold millions of copies of albums to date, his wealth seems reasonable enough.

Malcolm Young Net Worth $100 Million

Since his early age Malcolm had interest in music and had joined a band but it failed to succeed. At the age of 20, he founded the legendary band AC/DC and soon asked his younger brother Angus to join the band. The group suffered a serious blow in 1980 when the lead vocalist Bon Scott died effectively due to alcohol poisoning; the vacant spot was later filled by Brian Johnson. Later that year they released a new album “Back in Black” as tribute to Bon Scott. The album became their all-time best seller and took their name to new heights. Their next album “For Those About to Rock We Salute You” became their first album to reach number one in US charts.

Since gaining prominence in 1970s, the band has released 15 albums to date. Malcolm’s wealth started to grow in 1973 when the band released its first album “High Voltage”. It was a huge commercial success in Australia and received 5x platinum certification from the Australian Recording Industries Association. It included hits like “Stick around” and “You Ain’t Got Hold of Me”. The album was released worldwide after a year, managing to sell over there million copies in the US only. The high net worth of Young should not come as a surprise as the band has managed to sell over 200 million album copies worldwide.

Malcolm has been a prominent figure in the band, except for a brief absence in 1988. He is regarded as the brains and businessman behind the band. He takes credit for many famous AC/DC’s guitar riffs, and he and his brother Angus are both to be credited for the overall music. He, unlike Angus who is famous for the school boy dress-up and energetic performance, has a stoic presence, bashing out riffs on his battered guitar. AC/DC concerts have invariably been sell-outs wherever the band has performed around the world over many years – they probably enjoy their reputation of being the loudest rock ‘n’ roll band in the world

Malcolm is considered as one of the richest and most skilled rhythm guitarists of all time. His riffs and skilled song writing has led the band to win over 12 major awards including a Grammy Award, MTV VMAs and many prestigious awards. In 2003, Young and other members of band were inducted into the Rock ‘n’ Roll Hall of fame.

Regretfully, having been with his band AC/DC since its foundation, Malcolm retired from the band permanently in 2014 due to health related issues related to dementia.

About his personal life, Malcolm is married to Linda and they have two children. Malcolm along with his brother has contributed largely to the Rock ‘n’ Roll genre. Hopefully he can now still enjoy the fruits of his many years in the music industry.

As the Managing Editor at Net Worth Post, I lead a talented team in delivering compelling content on the lives and achievements of influential figures. With a keen eye for detail and a passion for storytelling, I oversee the production of insightful biographies that resonate with our audience. My role involves not only managing the editorial process but also conducting research, crafting engaging narratives, and ensuring the accuracy and quality of our publications. At NetWorthPost, we strive to provide our readers with in-depth profiles that offer valuable insights into the worlds of business, entertainment, and beyond. Through meticulous research and captivating storytelling, we bring to light the remarkable journeys and successes of individuals who inspire and captivate us.

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Musicians

Neal Schon Net Worth

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Neal George Joseph Schon was born on 27th February 1954 at Tinker AFB (Air Force Base), Oklahoma USA, of Italian and German descent. Neal Schon is a rock guitarist, songwriter and vocalist, best known for being an important member of several hugely popular bands, namely Santana, Bad English and Journey.

So just how rich is Neal Schon? Neal’s net worth has been calculated to be over $30 million, amassed during his successful career of more than 40 years in the music industry.

Neal Schon Net Worth $30 Million

Neal Schon was lucky to be born into a musical family – his father Mathew Schon was a famous musician and mother Barbara Schon sang in a band. So Schon picked his first guitar at the age of five years, and starting at early age is usually a way to success. His first career steps started at the age of 15 with the band Santana, in preference to joining Eric Clapton in the band Derek and the Dominos, and debuting with some vocals on Santana’s album Santana III. Being such a great musician at such young age with the possibility to choose between two iconic bands, he went on and started making his money. He also played for Azteca but very briefly.

In 1973 Neal Schon formed his now legendary band Journey. He subsequently released five solo albums, and fourteen studio albums with the band. This must be the main flow into his net worth. Importantly, he is the only band member who has not changed through the years. He has taken part in every tour of the band, and sang on all their albums, so no doubt this longevity with Journey has increased the overall amount of Neal Schon’s net worth as well. Apart from this, he has also collaborated with famous musicians such as keyboardist Jan Hammer, Sammy Hagar and Paul Rodgers on short-term projects.

Neal Schon is as great a vocalist, as he is a guitar virtuoso. Two talents double the money earned, does it not? Let’s talk about his musical influences, of whom there were plenty. He has said that he was highly influenced by the 1960’s, musicians from that era such as Gladys Knight and Aretha Franklin. Then he put some blues to the mix, namely B.B. King and added some guitar-based influences, including of course Carlos Santana and Eric Clapton as well as Wes Montgomery. This is probably Neal Schon’s key to fame – adding the best ingredients from different musical eras.

Schon was always proud of his guitars. He started with acoustic Stella guitar followed by Gibson ES-335. At present he became interested in Xotic guitars. Schon was inducted into the Oklahoma Music Hall of Fame in August 2013, which made him, if possible, even more famous. This is considered to be an accomplishment of a lifetime for any musician.

In his not-so-private personal life, Neal Schon has married five times, first to Tena Austin(1976-86), then Beth Buckley(1987-92), Dina Gioeli(1993-99), and Amber Kozan(2001-08). In 2013 he married Michaele Salahi. He has five children.

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Rock Stars

John Frusciante Net Worth

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John Frusciante is a famous musician. He is one of the most successful musicians of all time, because his net worth is said to have reached 23 million dollars. John Frusciante is well known for being a singer, guitarist, songwriter and producer. However, John Frusciante is most famous for having been a member of the band called Red Hot Chili Peppers, where he played as a guitarist. Through work with the Red Hot Chili Peppers band, most of his net worth has been accumulated, as well. He recorded five albums with the band between the years 1988-1992 and 1998-2009. John Anthony Frusciante was born in Queens, New York on March 5, 1970.

John Frusciante Net Worth $23 Million

His both parents had musical careers but at the early age they separated and John grew up with his mother and later, stepfather. Throughout life they were moving quite a lot to different states and cities. However, at nine years old his family settled in the Los Angeles area and that was when he started playing guitar. At first his interest was fixed on punk rock music, later he focused on famous guitar players, like Jeff Beck, Jimmy Page, David Gilmour and Jimi Hendrix. When he discovered Frank Zappa, he could try to reach the same level of mastery for hours. Around 1984 he discovered the band Red Hot Chili Peppers and instantly became a fan. At sixteen he dropped out of high school and moved to L.A. to work on his guitar playing skills. He tried studying professionally at the Guitar Institute of Technology but dropped out understanding that academic studies were not for him.

John Frusciante became member of Red Hot Chili Peppers at eighteen and this was the beginning of his professional music career. By the way, he was the youngest band member, gapping about twenty years from others. This did not stop him from winning the audition and bringing fame and money to the then not very popular band. The first album they produced was called “Mother’s Milk” in 1989. In 1991, a very successful album of the band was released titled “Blood Sugar Sex Magik”. The band gained overwhelming success and because of it, John Frusciante left the band one year later after the release of the mentioned album.

Knowing the history of the Red Hot Chili Peppers, you could understand the reason why the young guy got into drugs. The band’s lead singer, Anthony Kiedis describes their past time activities in his biographical book “Scar Tissue”. Being so young and inexperienced, John got instantly addicted, was practically thrown out of the band and started his solo career. During that he burned down his house and had many visits to rehab. The solo projects he released during that time were called “Smiles from the Streets You Hold” and “Niandra Lades and Usually Just a T-Shirt”. In 1998, it was announced that 16 million copies of his solo records were sold. Today he has 10 solo albums released. Drugs did not stop him from getting near the money.

Besides solo career and Red Hot Chili Peppers, John Frusciante has also collaborated with many other acts, such as Omar Rodriguez-Lopez, The Mars Volta, Josh Kilingoffer and many more. The collaborations, of course, also added up to his net worth.

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