Grundy died on 6 May 2016 at his Bermuda home, with his family by his side. No cause was given. After his death was announced, many tributes were paid to Grundy. Presenter
Andrew Denton commented, "I'm sure the record will show that more Australians have watched more hours of Reg Grundy television than that of any other individual." While actress
Jackie Woodburne, who worked on Grundy productions
Neighbours,
Prisoner and
The Young Doctors, stated that "Reg was a true groundbreaker in Australian television in the [']70s and [']80s, and beyond[,] in light entertainment and drama."
Tracy Grimshaw, who interviewed Grundy in 2010, said: "RG was a pioneer in game shows, in drama, in soapies. He was a star-maker. But he totally rejected the limelight. He only gave one television interview in his life, and I was privileged and fascinated to be the one who spoke with him." Grimshaw's interview with Grundy was rebroadcast during the 9 May edition of
A Current Affair. Ian Hogg, whose company bought Grundy Organisation, announced that FremantleMedia were thinking of a permanent way to honour Grundy. ==Honours==