Jacobs is married to Nollywood actress Joke Silva since 1989. They have children. Asked why his wife still bears her maiden name, Jacobs answered: "
She is her own individual. When I met her, she was an actress known as Joke Silva so why should marrying me now deny her and her audience her name. She is Miss Joke Silva who is Mrs. Joke Jacobs. It is as simple as that. People now begin to say what they like. They have even written that we are separated and all sort of stuffs. When she is working, she is Joke Silva but she is Mrs. Joke Jacobs at home.