11. The Costa Concordia
Current Estimated Value: $500 million to $1 billion*
Year Found: 2012 Year Disappeared: 2012
Of course, the Titanic immediately comes to mind when you think of cruise ships going down. However, the 2012 Costa Concordia cruise ship accident is another, more recent example of a cruise ship disaster. The ship veered off course and collided with a rock structure on the sea floor in the Mediterranean. Sadly, thirty-four were lost to death.
@CNN, CNN.com, Costa Concordia
The $513 million in insurance on the ship did not cover the $2 billion in total damage. Between $500 million and $1 billion worth of merchandise were lost. As you can guess, this tragedy resulted in numerous lawsuits and criminal investigations. These investigations revealed a twist: although ship officials were not aware of the contraband on board, the Costa Concordia was carrying a significant amount of cocaine held by the Italian Mafia at the time of its sinking.
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