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LA Fire Losses Estimated at $275 Billion and Increasing

FREE Cape Cod News by FREE Cape Cod News
January 18, 2025
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 LA Fire Losses Estimated at $275 Billion and Increasing

Accuweather estimates the damage and economic loss estimates in the Los Angeles wildfires at $250-$275 billion and still increasing.

Losses are set to exceed Hurricane Katrina in 2005, even after adjusting for inflation. The LA fires will be costliest natural disaster in US history.

In terms of number of burned buildings the Los Angeles fire is in the range of the San Francisco fire of 1906 and the London fire of 1666.

In 2018, California had the Camp Fire which destroyed 18805 buildings.

Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.

Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.

A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts.  He is open to public speaking and advising engagements.

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