'My Father Gave Me a Small Loan of $1M': Colbert Rips Trump's Clueless Privilege (VIDEO)

White billionaires born into massive privilege aren't usually known for their rags-to-riches tales, but Trump is trying to sell one to the American public. Or, at least, to Matt Lauer.

In a recent interview, the Donald told NBC, "My whole life really has been a 'no' and I fought through 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."

This bit of deluded runaway privilege was too good for Stephen Colbert to pass up, so he took time out Wednesday night to mock the GOP ex-frontrunner.

"Clearly, this is an inspiring tale of a young man made good," Colbert said. "The classic story of riches to richer. Donald was just a humble boy from the boroughs and wanted nothing more than to escape his provincial life and make his way in the big city... Donald dared to venture into a land he didn't own."

Donald Trump has long tried to sell a tale of scrappy, self-made man, but it has been exposed over and over again as largely bogus.

Watch the bit below: