ADVERTISEMENT

The man who built this year's US Open course lost $16 million on the deal including $6 million on nearby land because he wanted golfers 'to never see a house'

Bob Lang didn't want golfers to ever see a house when playing Erin Hills.

Rickie Fowler walks the Erin Hills golf course prior to the U.S. Open.

This year's U.S. Open is being held at Erin Hills, a golf course in Wisconsin that is only 11 years old and was a complete disaster for its original owner.

ADVERTISEMENT

In 2004, Bob Lang borrowed $11 million to build Erin Hills, with a dream of one day hosting a U.S. Open, according to a report on the Golf Channel. He would eventually pour another $15 million into the dream, including the inheritance of his three children, before eventually being forced to sell the course for $10.5 million in 2009 because he "nearly went broke" and "was out of money."

After the initial investment, Erin Hills hosted the 2008 U.S. Women's Amateur Public Links Championship. The United States Golf Association then recommended some minor changes that would improve the course and potentially make it U.S. Open-worthy.

"He's buying these properties because he doesn't like a farmhouse up there in the distance," said Erin Hills architect Dan Fry.

ADVERTISEMENT

According to Lang, he didn't want golfers to ever see a house when they were playing Erin Hills.

"They had to be removed because, from my point of view, I wanted Erin Hills, when you played, you'd never see a house," Lang told the Golf Channel. "That was my goal."

According to the Golf Channel, the going rate for the land at that time was $6,500 an acre, which would have meant a total cost of approximately $975,000. Lang ended up paying an average of $37,000 per acre for a total bill just north of $5.5 million.

Lang eventually sold Erin Hills to billionaire Andy Ziegler for $10.5 million.

FOLLOW BUSINESS INSIDER AFRICA

Unblock notifications in browser settings.
ADVERTISEMENT

Recommended articles

Congo is spending 22% of its scarce revenue on security - Minister

Congo is spending 22% of its scarce revenue on security - Minister

Another African country is set to get a Russian embassy

Another African country is set to get a Russian embassy

Medic West Africa 2024: A resounding success in fostering collaboration and innovation for a brighter healthcare future

Medic West Africa 2024: A resounding success in fostering collaboration and innovation for a brighter healthcare future

10 African countries with the most troubling external debt in 2024

10 African countries with the most troubling external debt in 2024

10 African countries with the least soft power influence over the world

10 African countries with the least soft power influence over the world

Kenyan government rejects calls to ban TikTok, recommends tighter control over

Kenyan government rejects calls to ban TikTok, recommends tighter control over

Congo accuses Apple of conflict minerals in its supply chain

Congo accuses Apple of conflict minerals in its supply chain

Top 10 African countries with the highest fuel prices in April 2024

Top 10 African countries with the highest fuel prices in April 2024

The gold trade in Uganda makes a huge comeback

The gold trade in Uganda makes a huge comeback

ADVERTISEMENT