Malcolm Young is a familiar face to the shopkeepers of East Balmain, especially at Christmas time. Locals describe him as a down-to-earth sort of a bloke with more than just a passing interest in rock'n'roll.
Yet not many of Young's neighbours could boast a fortune estimated at $125 million, nor could they claim to be a co-founder of one of the most successful rock bands: AC/DC. But Young would rather not talk about his private life. He and his bandmates including his brother Angus like to fly below the fame radar. Unlike Australia's other great cultural exports, the Youngs live out of the spotlight, slipping in and out of Sydney with little fanfare - although their Sydney homes are a giveaway.
When in Sydney, Malcolm and his wife, O'Linda, with their son and daughter, live in a handsome sandstone mansion named Oncaparinga, which sits elegantly behind an impressive stone wall and overlooks its tennis court and swimming pool. The property is one of the largest in Balmain, taking up most of the block it sits on. Estate agents estimate it would be worth up to $15 million.
Angus Young, who has no children and his own $125 million fortune, has an impressive home at Kangaroo Point, although it pales next to his much larger pile in the Dutch town of Aalten, which was completed last year and has been the talk of the town because of its enormous scale. Aalten is the home town of Young's wife of 26 years, Ellen.
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War Machine has been posted on AC/DC's MySpace page.
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