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Business News/ Photos / Los Angeles Palisades wildfire eats $52 billion after reaching Hollywood, becomes one of worst US disasters | See Photos

Los Angeles Palisades wildfire eats $52 billion after reaching Hollywood, becomes one of worst US disasters | See Photos

8 Photos . Updated: 09 Jan 2025, 12:37 PM IST Livemint

Los Angeles Palsidas wildfire has destroyed the houses of several Hollywood celebrities. The massive fire may incur a loss of $52 billion for theUnited States

Los Angeles wildfire has emerged as one of the worst disasters in the United States in history. The natural disaster has engulfed multiple structures and homes including those owned by Hollywood celebrities.  (AFP)

1/8Los Angeles wildfire has emerged as one of the worst disasters in the United States in history. The natural disaster has engulfed multiple structures and homes including those owned by Hollywood celebrities.  (AFP)

According to a Bloomberg report, the disaster will likely cause between $52 billion to $57 billion in damage and economic loss, the company said. (AFP)

2/8According to a Bloomberg report, the disaster will likely cause between $52 billion to $57 billion in damage and economic loss, the company said. (AFP)

Apart from monetary loss, the wildfire will have a long-lasting impact on the residents including health related issues. There will likely be longer-lasting health impacts due to acrid smoke, (AFP)

3/8Apart from monetary loss, the wildfire will have a long-lasting impact on the residents including health related issues. There will likely be longer-lasting health impacts due to acrid smoke, (AFP)

Flames are seen through a window of a burning building. Lakhs of people including celebrities were forced to evacuate their houses due to Los Angeles wildfire. (REUTERS)

4/8Flames are seen through a window of a burning building. Lakhs of people including celebrities were forced to evacuate their houses due to Los Angeles wildfire. (REUTERS)

Jamie Lee Curtis, Mandy Moore, Maria Shriver and other celebrities were among more than 100,000 people forced to evacuate their homes  (REUTERS)

5/8Jamie Lee Curtis, Mandy Moore, Maria Shriver and other celebrities were among more than 100,000 people forced to evacuate their homes  (REUTERS)

Firefighters battle the Palisades Fire as it burns during a windstorm on the west side of Los Angeles, California, U.S. January 8, 2025. (REUTERS)

6/8Firefighters battle the Palisades Fire as it burns during a windstorm on the west side of Los Angeles, California, U.S. January 8, 2025. (REUTERS)

The largest blaze in Loss ANgeles consumed nearly 12,000 acres of land in Pacific Palisades, a picturesque neighborhood between the beach towns of Santa Monica. (AFP)

7/8The largest blaze in Loss ANgeles consumed nearly 12,000 acres of land in Pacific Palisades, a picturesque neighborhood between the beach towns of Santa Monica. (AFP)

A blackened US flag flies above a charred structure after the passage of the Palisades Fire in Pacific Palisades, California, on January 8, 2025. At least five people have been killed in wildfires rampaging around Los Angeles, officials said on January 8, with firefighters overwhelmed by the speed and ferocity of multiple blazes. (Photo by AGUSTIN PAULLIER / AFP) (AFP)

8/8A blackened US flag flies above a charred structure after the passage of the Palisades Fire in Pacific Palisades, California, on January 8, 2025. At least five people have been killed in wildfires rampaging around Los Angeles, officials said on January 8, with firefighters overwhelmed by the speed and ferocity of multiple blazes. (Photo by AGUSTIN PAULLIER / AFP) (AFP)

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