Tengrinews.kz - The damage from the massive Los Angeles wildfires continues to grow. According to preliminary estimates, the amount of losses has reached amounts in the corridor from 250 to 275 billion dollars, according to AccuWeather.
Tengrinews.kz - The damage from the massive Los Angeles wildfires continues to grow. According to preliminary estimates, the amount of losses has reached amounts in the corridor from 250 to 275 billion dollars, according to AccuWeather.
"To put the magnitude of loss into context, this latest damage and economic estimate for the fires burning in Southern California surpasses the damage and economic loss numbers for the entire 2020 wildfire season, which was a very active U.S. wildfire season," AccuWeather Chief Meteorologist Jonathan Porter.
Earlier, the US weather service reported damage of 135-150 billion dollars.
Photo: AccuWeather
AccuWeather Chief Meteorologist Jonathan Porter emphasized that the damage and economic losses in Los Angeles are significantly higher than those from the deadly Maui wildfires in 2023, which caused between $13 billion and $16 billion in damage and also exceed the damage and economic loss estimates from Hurricane Helene in 2024, which were in the range of $225 billion to $250 billion.
"Tragically, lives have been changed forever in just a matter of minutes. Many families may not be able to afford to rebuild or repair and return. Businesses may not be able to recover, and jobs will be permanently lost. Thousands of people are in desperate need of help, initially the basic and life-sustaining needs of food, water, and shelter, as this tragedy unfolds," Porter said.
Photo: AccuWeather
He added that many families will face large, unexpected costs to relocate to other areas of Southern California. The rebuilding process, he said, will be extremely expensive and emotionally taxing in the coming months and years.
Photo: AccuWeather
The most destructive fires are burning in the area from Santa Monica to Malibu, affecting some of the most expensive homes in the country, with an average price of more than $2 million.
"Hurricane-force winds sent flames ripping through neighborhoods filled with multi-million-dollar homes. The devastation left behind is heartbreaking, and the economic toll is staggering. Should a large number of additional structures be burned in the coming days, it may become the worst wildfire in modern California history based on the number of structures burned and economic loss," Porter said.
Photo: AccuWeather
AccuWeather's estimate also takes into account lost wages and displacement of people from their homes across Southern California, which could ultimately lead to a large number of layoffs, layoffs or business closures, and the disappearance of jobs.
Photo: AccuWeather
Earlier, Los Angeles and its surrounding areas were engulfed in major fires. The Los Angeles-adjacent city of Pacific Palisades, a town of 23,000 people located about 20 miles west of the city center, burned to the ground.
In addition, the homes of many American celebrities were also damaged.
The latest data from the Los Angeles County Coroner's Office indicates that 16 deaths are linked to the Eaton Canyon fire, while 8 are associated with the Palisades fire. It is expected that the number of casualties may increase.
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