Billionaire Developer Caruso Slams LA Leadership Over Wildfires
- It will take at least a year for construction to start: Caruso
- Shopping center to reopen after cleanup as a beacon of hope
Rebuilding homes destroyed by wildfires in the Los Angeles area could take more than a year to even begin — and that’s if everything goes smoothly, according to Rick Caruso, a billionaire developer and former mayoral candidate who says city leaders failed to protect lives and property.
“Can the public rely on our leadership to set the right priority?” Caruso, who ran unsuccessfully for LA mayor in 2022, said in an interview. “What’s been, unfortunately, proven to be true is the answer is ‘no.’ The priority of government is to keep people safe and to give them an opportunity to prosper. And they failed on both of those.”