The death of banking scion Jacob Rothschild in February 2024 has led to a resurgence of misinformation about the family, including claims that it controls central banks and the global economy with trillions of dollars in wealth. But the world's central banks are largely owned by governments, not private investors -- and the Rothschilds do not appear on lists of the world's wealthiest individuals and families.
"The rothschilds were behind the fed, and they now control the global financial system," says a February 26, 2024 Instagram post with more than 30,000 likes.
Text in an image of the late financier on Facebook says: "My name is Jacob Rothschild. My family is worth 500 trillion dollars ... We own your news, the media, your oil and your government." [...]