<P> Jordan is also known for his product endorsements . He fueled the success of Nike's Air Jordan sneakers, which were introduced in 1985 and remain popular today . Jordan also starred in the 1996 feature film Space Jam as himself . In 2006, he became part - owner and head of basketball operations for the then - Charlotte Bobcats, buying a controlling interest in 2010 . In 2015, Jordan became the first billionaire NBA player in history as a result of the increase in value of NBA franchises . He is the third - richest African - American, behind Oprah Winfrey and Robert F. Smith . </P> <P> Jordan was born in Brooklyn, New York, to Deloris (née Peoples), who worked in banking, and James R. Jordan Sr., an equipment supervisor . His family moved to Wilmington, North Carolina, when he was a toddler . </P> <P> Jordan is the fourth of five children . He has two older brothers, Larry Jordan and James R. Jordan, Jr., one older sister, Deloris, and one younger sister, Roslyn . Jordan's brother James retired in 2006 as the Command Sergeant Major of the 35th Signal Brigade of the XVIII Airborne Corps in the U.S. Army . </P> <P> Jordan attended Emsley A. Laney High School in Wilmington, where he highlighted his athletic career by playing basketball, baseball, and football . He tried out for the varsity basketball team during his sophomore year, but at 5'11" (1.80 m), he was deemed too short to play at that level . His taller friend, Harvest Leroy Smith, was the only sophomore to make the team . </P>

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