An elderly member of the Rothschild banking cartel dynasty is believed to have been killed in a house fire in Los Angeles. The blaze at a property on Lookout Mountain Avenue in the Hollywood Hills broke out on Wednesday, with 45 firefighters requiring just over half an hour to extinguish the flames, it said.

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KABC-TV Los Angeles, an ABC News affiliate, has reported that the authorities have not announced the victim’s name yet. However, neighbors who spoke to journalists identified him as Will Rothschild of the wealthy Rothschild family. The body of a man was later discovered inside the burnt house, according to the media outlet, which is ABC’s flagship broadcaster on the West Coast.

The family has described Rothschild to KABC-TV as “an eccentric millionaire – or even billionaire – with multiple properties and dozens of expensive cars.” That sounds accurate, as he was a member of the baking cartel.

According to a report on the fire by RT, the Rothschild family emerged from the Jewish ghetto in Frankfurt in the 19th century to become one of the world’s richest and most powerful financial dynasties, bankrolling wars and helping to shape Europe’s and America’s economic and political history.

The cause of the fire is currently being investigated. It is not yet clear whether the man died before or as a result of the blaze. There were no other fatalities or injuries in the incident. “Given the fire damage, it is kind of hard to determine how much of that was prior to the fire and how much of it is,” the Los Angeles Fire Department’s battalion commander, Adam Knabe, told KABC-TV.

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Locals claimed they were “saddened” by the news of Rothschild’s death, with one saying that Rothschild was “a good guy, a good neighbor.”

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