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Donald Trump: 'My Father Gave Me A Small Loan Of A Million Dollars' (Video)

Republican presidential candidate Donald Trump claimed in Atkinson, New Hampshire, on Oct. 26 that he has not had an easy career, and noted that his father gave him a "small loan" of $1 million (video below).

Trump made his comments during a town hall that was broadcast live by NBC's "Today" show.

Trump was asked buy a voter if anyone outside of his family had ever told him "no."

The GOP front-runner replied, "Many times," and then pointed to someone off-camera.

Trump then recalled the hardship that he faced during his early years in real estate:

I mean, my whole life really has been a "no" and I fought through it. I have been, and, you know, I talk about it. It has not been easy for me, it has not been easy for me.

And you know I started off in Brooklyn, my father gave me a small loan of a million dollars. I came into Manhattan. And I had to pay him back, and I had to pay him back with interest.

Trump added that he started buying up and building properties in Manhattan even though his father warned him to stay out of that part of New York City.

Trump said that he had also been told not to run for president.

"Today" show host Matt Lauer brought up the million dollar loan to which Trump replied, "But a million dollars isn't very much compared to what I've built. I mean, I've built one of the great companies."

CNN notes that Trump also inherited part of his dad's $200+ million reported estate, and that if the $1 million loan had been made in 1968, when Trump graduated from the University of Pennsylvania, it would be worth $6.8 million today.

Sources: NBC-TV via YouTube, CNN / Photo Credit: NBC-TV Screenshot


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