Budd Friedman Net Worth At Death

Budd Friedman, the Broadway producer and founder of The Improv comedy club franchise which helped launch the careers of some of Hollywood’s biggest comedians had an estimated net worth of $10 million at time of death.

Friedman, born Gerson M. Friedman on June 6, 1932, passed away on Saturday, November 12, 2022 of heart failure in Los Angeles.

Budd, who was born in Connecticut, first opened the Improvisational Comedy Club in 1963 in Hells Kitchen, New York.

The club played a huge role in discovering some of Hollyood’s A list comedians including; Rodney Dangerfield, Richard Lewis, Robert Klein, Jay Leno, Andy Kaufman, Freddie Prinze, Steve Landesberg and Jimmie Walker.

Originally created as a space for Broadway actors to congregate for food, drinks and music, The Improv in New York saw its first on-stage comedian, Dave Astor, in 1964.

Budd Friedman will also be remembered for his service to the United States.

He served in the infantry in the U.S. Army during the Korean War.

He was wounded by an enemy grenade during his first day in action in the summer of 1953 while his unit was assaulting Pork Chop Hill.

as a result of his dedictaion, he was awarded the Purple Heart and the Combat Infantryman Badge (CIB).