He was elected in a surprise victory over Democratic nominee Hillary Clinton, but lost the popular vote. Greenberg also wrote that Forbes had vastly overestimated Trump's wealth and wrongly included him on the Forbes 400 rankings of 1982, 1983, and 1984.Trump has often said he began his career with 'a small loan of one million dollars' from his father, and that he had to pay it back with interest. In October 2018, The New York Times reported that Trump 'was a millionaire by age 8', borrowed at least $60 million from his father, largely failed to reimburse him, and had received $413 million (adjusted for inflation) from his father's business empire over his lifetime. According to the report, Trump and his family committed tax fraud, which a lawyer for Trump denied.
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