Malcolm Young dead: AC/DC co-founder dies aged 64

AC/DC's co-founder and creator Malcolm Young has died aged 64.

The legendary guitarist passed away surrounded by family, following a long battle with dementia.

An official statement was posted on the band's Facebook page.

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

"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.

"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. He leaves behind an enormous legacy that will live on forever.

"Malcolm, job well done."

A statement from Young's family read:

A statement released by his family said: "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 on Saturday 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."

"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."

Young's brother George, who produced some of AC/DC's work, died in October aged 70.

He is survived by his wife Linda, children Cara and Ross, son-in-law Josh, three grandchildren, a sister and a brother.