He was born the second son of Vice-Admiral William Young and his wife Ann Curling, the daughter of a shipbuilder. He became a leading partner in Curling, Young & Co. of London, constructors of East Indiamen and passenger steamships, and later developed interests in Lloyd's and the colonization of New Zealand.
George was Member of Parliament (MP) for Tynemouth and North Shields 1832–1838. He was the first member elected for the newly created constituency in the 1832 general election, and lost his seat to Charles Edward Grey on 23 February 1838 as a result of a petition following the 1837 general election. He was later MP for Scarborough 1851-1852.
His son Sir Frederick Young was a traveller and writer.
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| New constituency | Member of Parliament for Tynemouth and North Shields 1832–1838 |
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| Preceded by | Member of Parliament for Scarborough 1851–1852 With: John Vanden-Bempde-Johnstone |
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