Forget the fancy Ferraris and precious Picassos. Instead, new Forbes 400 member David D. Halbert chose the ultimate flex: convincing Tom Fazio to build him a “no-budget” 18-hole golf course in Texas. ...

So many things in life seem easy to the uninitiated. Juggling. Unicycling. Giving a toast. Playing golf. And, yes, to some golfers even, building a golf course. A nice piece of land with pretty views, ...