2) Born and raised a modest man, James was just your average father of three working in New London with nothing particularly special about him. Then on a trip to liberty he won a several hundred million dollar lotto.
The next few years of his life he spent in luxury so complete it could be described as rampant (Him being so wealthy that his money began to bend language around it, much like black holes bend light). He spent months traveling from planet to planet with his family, living the life that dreams are made of and stopping only to rest on the island they'd bought on Cambridge.
It all ended when his wife discovered that he'd been cheating on her with his former assistant, her best friend, their maid, a string of waitresses, his grown son's fiance, and three of their five pool boys. Simultaneously. In their divorce the judge found that he'd actually committed a little-known of crime called "Super Adultery", which made him much more liable than usual. Between his child support, lawyer bills, and the alimony which could actually be defined as a fraction of most planet's GDP using only a couple decimal points, he had to claim bankruptcy. All he retained was a valuable life lesson and a need to give back to society in ways that he'd never done when he was as rich as a lesser deity.
3) Have fun, RP, shoot bad guys. More or less in that order.
4) Genie. Worst case scenario, I find out the genie sucks as a pet and I wish for something better.