Nvidia CEO tells privileged Stanford graduates they need to lower their expectations and get used to 'suffering' in order to succeed in business

Nvidia CEO Jensen Huang told Stanford students they needed to 'suffer' in order to become successful in business.

Huang, 60, co-founded Nvidia in the 1990's helping to build it into a $2 trillion leader in the artificial intelligence revolution.

Thirty years and at least one brush with bankruptcy later, Nvidia is the hottest stock on Wall Street, up more than 250 percent over the last year. 

At an event on March 7 Stanford students gathered to hear the business secrets of a man that has built a company worth more than Amazon, Google and Meta. 

'For all you Stanford students, I wish upon you ample doses of pain and suffering' he told the crowd at the Stanford Institute for Economic Policy Research. 

Nvidia CEO Jensen Huang is now the 20th richest man on the planet with a net worth of $69.7 billion

He graduated as computers were breaking into the mainstream in 1984 - the same year Apple released its first Macintosh and the term 'cyberspace' was coined

Huang explained that he believes suffering is part of character formation and building resilience, both key to becoming successful in the business world. 

'One of my great advantages is I have very low expectations,' he told the students. 

'Most of the Stanford graduates have very high expectations.' 

'You're surrounded by other kids that are just incredible. You should have very high, you naturally have very high expectations,' he said while looking relaxed in his trademark black leather jacket. 

However, 'people with very high expectations have very low resilience' he argued. 

'Unfortunately, resilience matters in success,' he said.

'I don't know how to teach it to you except for I hope suffering happens to you.'

'Character isn't formed out of smart people,' he said. 'It's formed out of people who suffered.' 

Huang with his wife Lori on San Francisco's Billionaires' Row. His home (pictured) has an estimated worth of $44 million, according to Redfin

Homes in the elusive neighborhood cost tens of millions of dollars and you can count tech giants Larry Ellison and David Sachs as neighbors

Adding: 'I don't know how to do it, but for all you Stanford students, I wish upon you ample doses of pain and suffering.' 

Huang is currently the  20th richest person on the planet with a net worth of $69.7 billion, Bloomberg estimates.

It marks an astonishing reversal of fortune for a shy former Denny's worker who was bullied at his Kentucky school after arriving from Thailand when he was nine.

Today, the 61-year-old father-of-two lives with his wife Lori on San Francisco's Billionaires' Row where homes cost tens of millions of dollars and you can count tech giants Larry Ellison and David Sachs as neighbors.

The 11,400-square-foot, seven-bedroom property boasts panoramic views of the city's Gold Coast and has an estimated worth of $44 million, according to Redfin.

Property records show Huang also owns a home in Maui, Hawaii - with an estimated value of $33 million - while he sold a third place in Los Altos, California, for $9.9 million in 2022.