Trump boasts he turned a $1 million loan from his dad into an empire – NYT says that's not true
As a presidential candidate, Trump had repeatedly said his father gave him a "very small" $1 million loan, which he turned into an empire. A sweeping new investigative report published by The New York Times on Tuesday, however, says Trump's father actually lent his son at least $60.7 million. During his first debate against Hillary Clinton in September 2016, then-presidential candidate Donald Trump repeated a claim he had often made before in defense of his image as a self-made billionaire.