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Billionaire David D. Halbert has built a private, "no-budget" 18-hole golf course in Texas, designed by Tom Fazio. Halbert National, costing around $50 million and on 170 acres, is exclusively for his friends and family. Halbert actively influenced Fazio's designs, adding features like a 30-foot hill and a surfaced stream. With aspirations to rival Augusta National, Halbert plans to add a lodge and more land, aiming for a total cost upwards of $70 million. The venture is fueled by his recent success with Caris Life Sciences.

Prepared by Christopher Adams and reviewed by editorial team.