US President estimates Hurricane Milton's damage in Florida at $50 billion.

According to US President Joe Biden, Hurricane Milton's devastation to Florida is estimated to be worth $50 billion.

He reported that the number of fatalities from Hurricane Milton in Florida had risen to sixteen, with hundreds more reported injured.

Hurricane Milton wreaked havoc on Florida; 2.2 million consumers lack electricity.

The storm caused flooding in certain parts of the Sunshine State.