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Newsom unveils private-sector initiative to help rebuild Los Angeles

  • California Governor Gavin Newsom launched LA Rises to raise funds for residents affected by recent fires, with rebuilding costs estimated at $40 billion.
  • The fires have killed 28 people and destroyed over 16,000 buildings, as reported by Cal Fire.
  • A benefit concert, FireAid, will feature 28 performers and aims to raise millions for relief efforts, with all proceeds going to rebuild.
  • Los Angeles Clippers owner Steve Ballmer will match donations during the live broadcast, contributing to over $50 million raised so far.
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  • 55% of the sources are Center
54% Center
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