One person is dead following a fire at a Hollywood Hills home, the Los Angeles County Fire Department said Wednesday.

Authorities Thursday were investigating a residential fire in the Hollywood Hills that left a man dead, with neighbors telling reporters that the victim was eccentric millionaire Will Rothschild of the famous banking family.

Fire erupted inside a two-story home Wednesday in the Los Angeles neighborhood of Hollywood Hills West where firefighters later discovered a deceased elderly man, officials confirmed to KTLA. Crews with the Los Angeles Fire Department responded to reports of the blaze at 8551 W.