The wildfires that erupted this week across Los Angeles County are far from contained, but they're already expected to be the costliest in U.S. history and among the worst natural disasters.

Economic losses and damage are an estimated $135 billion and $150 billion, the costliest fire event in US history. Hurricane Helene in six states last fall caused up to $250 billion in damage.

The devastating blazes have killed at least 11 people and incinerated more than 12,000 structures since Tuesday.

The biggest wildfires ravaging the Los Angeles area have killed at least 10 people and burned more than 10,000 structures. Follow Newsweek's live blog.

More than a dozen people are believed to be dead and many more injured as several fires broke out across Southern California amid historically dry and windy conditions.

See maps of where mandatory evacuation orders as well as warnings are in place for wildfires burning in the Los Angeles area.

Wildfire starts to spread in Mandeville Canyon as fire crew attempt to contain the flame on Jan. 11, 2025. ↓ Read More

Multiple wildfires, including the Palisades Fire and Eaton Fire, are raging across Southern California Thursday, leaving at least 10 dead and burning more than 27,000 acres, officials say. Police have arrested 20 suspected looters.

Ferocious wildfires are burning through the Los Angeles area for a fifth day, destroying thousands of structures and upending lives.

As wildfires spread across Southern California this week, President-elect Donald Trump cast blame on state leaders and called for California Gov. Gavin Newsom to resign in a series of Truth Social posts.

President-elect Donald Trump has used the devastating Los Angeles wildfires to revisit a policy disagreement with California Gov.