5 Most Expensive Natural Disasters

5) Sichuan earthquake, China

Cost: $29 billion (by the World Bank)

The Sichuan earthquake, also known as  Wenchuan earthquake was a deadly natural disaster which happened in the year 2008, killing around 70, 000 people and it left more than 18, 000 missing. In this region almost 4 million people lived and the earthquake of magnitude 8.0 turned out to be a came tragedy; apart from that strong aftershocks exceeding magnitude 6 continued to hit the region even after months resulting in furthermore damages.