Modern Living: Man on the Cover: DEL WEBB

DEL WEBB, the hulking, slope-shouldered, long-striding 63-year-old who hates to be called Delbert, could not stand the life in one of his own Sun Cities for more than a few days—or a few hours. Though he has earned some unexpected gratitude for his retirement centers, he is better known for more rough-and-tumble activities as co-owner of the New York Yankees and as one of the largest single builders in the U.S.

The Journeyman. A restless barnstormer by trade and temperament, he was born in Fresno, Calif. His mother was the daughter of a German farmer, who built one of California's first irrigation...