ALBAWABA - According to local reports, a member of the prominent finance moguls, the Rothschilds, has been killed in a fire at a two-story hillside residence in Hollywood Hills on Wednesday.
Emergency crew arrived at the 8500 block of Lookout Mountain Avenue around 4:40 p.m. The Los Angeles Fire Department reports that 45 firefighters extinguished the blaze in around 33 minutes, ABC News reported.
Firefighters discovered a man dead inside the house. Officials have not revealed the man's name, but neighbors have recognized him as Will Rothschild of the powerful banking family.
No other injuries were reported. Neighbors described Rothschild as an eccentric billionaire, living a lavish reclusive lifestyle, with many properties across the world and dozens of expensive cars.
The cause of death will be determined by the Los Angeles County Medical Examiner. It's unknown what ignited the fire, and the situation is still being investigated.
"The presence of legally mandated smoke alarms and their functional status at the time of the fire could not be immediately determined. The 87-year-old home was not equipped with optional residential fire sprinklers," the LAPD said in a statement.
Rothschild was reported to have lived as a loner on a street lined with multimillion-dollar residences and mansions owned by celebrities and the powerful.
While some neighbors had never seen him and assumed the house was abandoned, those who knew him were heartbroken by his passing.