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Rhea Thomas
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« on: September 01, 2009, 11:24:26 PM »

Throughout history, humans have always been prone to accidents.  Our aim is to list the top 10 most expensive accidents in the history of the world as measured in dollars.

This includes property damage and expenses incurred related to the accident such as cleanup and industry losses. Many of these accidents involve casualties which obviously cannot be measured in dollar terms. Each life lost is priceless and is not factored into the equation. Deliberate actions such as war or terrorism and natural disasters do not qualify as accidents and therefore are not included in this list.


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Rhea Thomas
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« Reply #1 on: September 01, 2009, 11:25:30 PM »

#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 most luxurious 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).

« Last Edit: October 20, 2009, 05:05:03 AM by Rhea Thomas » Report to moderator   Logged
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« Reply #2 on: September 01, 2009, 11:25:58 PM »

#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.

« Last Edit: October 20, 2009, 05:05:15 AM by Rhea Thomas » Report to moderator   Logged
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« Reply #3 on: September 01, 2009, 11:26:38 PM »

#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.

« Last Edit: October 20, 2009, 05:05:27 AM by Rhea Thomas » Report to moderator   Logged
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« Reply #4 on: September 01, 2009, 11:27:25 PM »

#7. B-2 Bomber Crash $1.4 Billion

Here we have our first billion dollar accident (and we're only #7 on the list). This B-2 stealth bomber crashed shortly after taking off from an air base in Guam on February 23, 2008. Investigators blamed distorted data in the flight control computers caused by moisture in the system. This resulted in the aircraft making a sudden nose-up move which made the B-2 stall and crash. This was 1 of only 21 ever built and was the most expensive aviation accident in history. Both pilots were able to eject to safety.


 
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« Reply #5 on: September 01, 2009, 11:28:28 PM »

#6. Exxon Valdez $2.5 Billion

The Exxon Valdez oil spill was not a large one in relation to the world's biggest oil spills, but it was a costly one due to the remote location of Prince William Sound (accessible only by helicopter and boat). On March 24, 1989, 10.8 million gallons of oil was spilled when the ship's master, Joseph Hazelwood, left the controls and the ship crashed into a Reef. The cleanup cost Exxon $2.5 billion.

« Last Edit: October 20, 2009, 05:06:10 AM by Rhea Thomas » Report to moderator   Logged
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