• Home
  • News
  • Coins2Day 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Retailblack lives matter protests

Minneapolis officials estimate damage at $55 million

By
The Associated Press
The Associated Press
Down Arrow Button Icon
By
The Associated Press
The Associated Press
Down Arrow Button Icon
June 4, 2020, 8:54 AM ET

Officials in Minneapolis say the looting and property damage that following the death of George Floyd has caused at least $55 million in destruction.

Vandals damaged or set fire to at least 220 buildings in the city where Floyd died, but that number is expected to go up, city officials said.

Minneapolis Mayor Jacob Frey will ask for state and federal aid to help rebuild after the civil unrest. Until that happens, community members are pitching in to support Minneapolis neighborhoods.

More than $1 million has been raised to help businesses in north Minneapolis, WCCO-TV reported. The West Broadway Business and Area Coalition says it will announce how they plan to use the money in the coming weeks.

The violence follows the death of Floyd, a handcuffed black man who died May 25 after a white Minneapolis police officer pressed his knee into Floyd’s neck, ignoring Floyd’s cries that he couldn’t breathe.

Prosecutors upgraded charges against the officer, Derek Chauvin, to second-degree murder on Wednesday and charged three other officers with aiding and abetting in the case that has rocked the nation with protests over race and police brutality.

About the Author
By The Associated Press
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.