Read died at the Royal Melbourne Hospital after battling liver cancer for more than a year, the Melbourne Herald Sun reported Wednesday.
Read, who was played by Eric Bana in the 2000 movie "Chopper," spent more than 23 years in prison for a range of crimes including armed robbery, assault, arson, kidnapping and firearm offenses.
He admitted to involvement in the murders of 19 and the attempted murders of 11 others.
His last stint in jail ended in 1998 and since then he's performed stand-up shows and worked as a writer, painter and public speaker, the Herald Sun reported.
He died just two weeks after his latest show at Melbourne's Athenaeum Theatre.
"Despite his failing health, he delighted the audience [in his last show] with his skills as a raconteur and storyteller. This is how he would wish to be remembered, as someone who spun a great yarn and made many people laugh,'' Read manager Andrew Parisi said.
Former homicide detective Charlie Bezzina told the Herald Sun Read's life shouldn't be glorified.
"He's been revered, and people forget his violent past," he said.
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