• Trump: Dad’s ‘small loan’ of $1 million got him started


    WASHINGTON, D.C.: Donald Trump enjoys his reputation as a magnate whose own smarts and business savvy made him a billionaire, but he acknowledged Monday that his father helped him out — with a “small” million-dollar loan. “It has not been easy for me,” the Republican Party frontrunner in the 2016 presidential nomination race told an NBC television-hosted town hall in New Hampshire. “I started off in Brooklyn. My father gave me a small loan of a million dollars,” he said, noting that he had to pay back his father, New York self-made millionaire real estate mogul Fred Trump, with interest. Questioned about the remarks, Trump acknowledged that his circumstance might sound easy to the average voter. “You’re right, but $1 million isn’t very much compared to what I’ve built,” he told NBC.



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