According to reports, neighbors identified the body found at the Lookout Mountain Avenue property as belonging to William Rothschild.

Fire crews discovered a man’s body inside the Hollywood Hills home after they were called to battle the blaze just after 4.30 p.m. on Wednesday, the Los Angeles Fire Department said.

An heir to the prominent Rothschild family has died after a house fire broke out at the Laurel Canyon house. William Rothschild's body was found in the $1 million home in Los Angeles on Friday. The Rothschilds are a prominent Jewish family who emigrated from Germany and had long been staples in the banking world most notably during the 18th and 19th centuries.