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.

The Los Angeles Police Department responded to the fire Wednesday afternoon, with 45 firefighters extinguishing the blaze in about 33 minutes, according to the Los Angeles Times. Officials found a dead body in the home, and it was later identified as Will Rothschild, according to KABC.

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 resi

Voter registration records show that William A. De Rothschild, listed as 87, has resided at the burned house. Another database shows a 77-year-old man with a similar name owning the property. The deceased man will be formally identified and his cause of death determined by the Los Angeles County Medical Examiner.

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.

After extinguishing the flames, the firefighters found a dead man inside. The man's cause of death is being reviewed.