Trump claimed that he only received a “small” loan of $1 million from his father to start his own businesses. Further, Trump said that he had to repay the loan with interest. He explained, “It has not been easy for me. It has not been easy for me.”

An investigation into his family’s finances later revealed that Trump was loaned $60 million from his father, and inherited $413 million, largely through fraudulent means.

Politico – Trump: My dad gave me a ‘small loan’ of a million dollars
CNBC – Trump claimed he turned a ‘small’ $1 million loan from his father into an empire. The New York Times says it was more like $60.7 million in loans
NPR – “I Started With A Million Dollar Loan.” Taking Apart Trump’s Taxes