8 Times Donald Trump Claimed He Was A Self-Made Man | HuffPost Latest News

Donald Trump has, for decades, attempted to portray himself as a self-made, up-by-your-bootstraps entrepreneur who benefited little from his fathers fortune, relying on his own gumption and wiles to overcome financial challenges.

But a bombshell investigation by The New York Times published Tuesday annihilated this claim.

The Times, citing hundreds of confidential tax returns and financial records, reported that Trump received over $400 million in todays dollars from his fathers real estate empire, starting when he was a toddler and continuing today. And, to bail out his failing businesses, Trump borrowed tens of millions of dollars from his dad and relied on the elder Trump who was one of the richest people in America in the 1970s, according to the paper.

The report, which the White House has criticized as a misleading attack against the Trump family, also described how Trump and his siblings helped their parents dodge millions of dollars in taxes, including instances of outright fraud.

Below are eight examples since the 1990s when Trump played the self-made man card.

Pres. Trump: \"I got a very, very small loan from my father many years ago. I built that into a massive empire. And I paid my father back, that loan.\"

Pres. Trump has said that loan totaled $1 million, but the NYT found he received nearly $61 million https://t.co/IzK3E0rLJg pic.twitter.com/BYSlJaTvXX

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Pres. Trump: "I got a very, very small loan from my father many years ago. I built that into a massive empire. And I paid my father back, that loan."

Pres. Trump has said that loan totaled $1 million, but the NYT found he received nearly $61 million https://t.co/IzK3E0rLJg pic.twitter.com/BYSlJaTvXX
CBS Evening News (@CBSEveningNews) October 3, 2018

My father gave me a small loan of a million dollars.

One myth that Trump has repeatedly touted is the claim that he transformed a small loan of $1 million from his father that he accepted early in his career and repaid with interest and transformed it into a massive empire .

It has not been easy for me, Trump, as a presidential candidate, said at a town hall in New Hampshire in October 2015. 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. But I came into Manhattan and I started buying properties, and I did great.

According to the Times reporting, Fred Trump loaned his son at least $140 million in todays dollars. Most of it was never repaid.

Rich men are less likely to like me, but the working man likes me because he knows I worked hard and didnt inherit what Ive built.

In his famous 1990 interview with Playboy magazine , Trump declared he was beloved by the working man because he didnt inherit what Ive built.

That claim is contradicted by the hundreds of millions of dollars that Trump reportedly reaped from his dads real estate fortune, starting from when he was a young child.

By age 3, he was earning $200,000 a year in todays dollars from his fathers empire. He was a millionaire by age 8. In his 40s and 50s, he was receiving more than $5 million a year, the Times wrote .

In all, Trump is said to have received the equivalent today of at least $413 million from his father.