What will be the total economic damage of the LA wildfires beginning Jan 8th 2025?
5
100Ṁ665
resolved Jan 26
100%96%
over $70 billion
0.9%
under 20 billion
0.6%
$20-30 billion
0.3%
$30-40 billion
0.3%
$40-50 billion
0.8%
$50-60 billion
1.0%
$60 -70 billion

Background

The Los Angeles wildfires have caused widespread devastation across Southern California. What will the total economic damage be?

Resolution Criteria

This market will resolve based on the final official economic damage assessment released by the National Center for Environmental Information, California state government, or another authoritative source. If multiple credible sources provide different estimates, the market will resolve based on the most comprehensive assessment. I anticipate the estimate to be available with a few months of the fire containment, but if no comprehensive assessment is available in a reasonable timeframe, the market will resolve based on the most authoritative estimate available at the time of resolution. The economic damage estimates may combine several named fires in the same area starting around the same time.

  • Update 2025-24-01 (PST): - If data from the official sources is unavailable due to a blanket ban on federal agencies communicating with the public, the market will resolve immediately based on the most authoritative estimate available. (AI summary of creator comment)

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