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Cost of Joplin, Missouri, tornado: $3 billion
The insured losses in Joplin, Missouri, after the recent disaster could reach between $1 billion and $3 billion.
Photo of the aftermath of the Joplin, Missouri, tornado (Image by Flickr user KOMUnews (cc:by))
The massive tornado that ripped through Joplin, Missouri, killed at least 122 people, but it also ruined the lives of many others. The estimated costs of the tornado are going to be in the billions of dollars. The Takeaway talks with Rob O’Brian, president of the city’s Chamber of Commerce, about the impact on local businesses.