Hirair Hovnanian, an Armenian-American Philanthropist and Real-Estate Developer passed away on April 9th, 2021, leaving behind a legacy of benevolence and humanitarian achievements aimed at the betterment of of all aspects of the global Armenian Community.
Los Angeles, April 9, 2021 – Armenia Fund US’ Message On the Passing of Hirair Hovnanian.
Armenia Fund US would like to extend our deepest sympathies and condolences to our long-time ardent supporter, Edele Hovnanian, the Hovnanian family and Birthright Armenia, on the recent passing of their equally benevolent father, Hirair Hovnanian. Mr. Hovnanian established himself as a titan of his industry, successfully constructing “Residential Real Estate and Large-scale Civil & Commercial Construction Developments.” As the founder of Hovsons, his successful entrepreneurial endeavors helped launch projects across the United States and the world, all the while, staying true to his ancestral roots by supporting the modernizing of his homeland’s -Armenia- infrastructure.
Hirair’s business success was only matched by his devotion and unwavering commitment to the philanthropic support of the Armenian community, both in the U.S. and abroad. The Hovnanian Foundation continues “to provide funding for charitable, educational, religious, scientific, literary and public safety” focused initiatives through the continued hard work of Mr. Hovnanian’s children. Focused primarily on providing financial and supportive assistance to Armenian communities world-wide, the Hovnanian Foundation continues to propel Mr. Hovnanian legacy in his bereavement.
As one of Hayastan All-Armenia Fund’s founding members, Mr. Hirair Hovnanian contributed over $40 Million during his tenure spanning over 4 decades of hands-on leadership and collaboration. His notable achievements, among many, include the creation and management of 4 heavy manufacturing factories responsible for the production of housing components during recovery efforts after Armenia’s devastating 1988 earthquake.
Hirair was loved, admired and respected by the Armenian-American community and leaves behind an inspirational legacy.