Most Expensive Catastrophes in History

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Most Expensive Catastrophes in History

10. Titanic – $150 Million
The sinking of the Titanic is possibly the most famous accident in the world. But it barely makes our list of top 10 most expensive. On April 15, 1912, the Titanic sank on its maiden voyage and was considered to be the mostluxurious ocean liner ever built. Over 1,500 people lost their lives when the ship ran into an iceberg and sunk in frigid waters. The ship cost $7 million to build ($150 million in today ‘ s dollars).

 

 

 

9. Tanker Truck vs Bridge – $358 Million
On August 26, 2004, a car collided with a tanker truck containing 32,000 liters of fuel on the Wiehltal Bridge in Germany . The tanker crashed through the guardrail and fell 90 feet off the A4 Autobahn resulting in a huge explosion and fire which destroyed the load-bearing ability of the bridge. Temporary repairs cost $40 million and the cost to replace the bridge is estimated at $318 Million.

 

 

 

8. MetroLink Crash – $500 Million
On September 12, 2008, in what was one of the worst train crashes in California history, 25 people were killed when a Metrolink commuter train crashed head-on into a Union Pacific freight train in Los Angeles . It is thought that the Metrolink train may have run through a red signal while the conductor was busy text messaging.. Wrongful death lawsuits are expected to cause $500 million in losses for Metrolink.

 

 

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Most expensive diamond

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Most expensive diamond

$ 24.3 million

Origin of name

This rare blue diamond of Indian origin that has a recorded history dating back to the late 17th century, eventually came into the possession of the Wittelsbach family in 1722, the German noble family that provided rulers of Bavaria and of the Rhenish Palatinate until the 20th century. Bavaria was ruled for over 700 years by Dukes of the Wittelsbach family, from 1180 to 1918. The name Wittelsbach was taken from the Castle of Wittelsbach, which became the official residence of the Dukes of Bavaria. The diamond gets its name from the Wittelsbach family, in whose possession it remained as a family diamond until the abdication of the last king in 1918.

 

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