'18-20 Years Of My Life Babysitting', Zerodha's Nikhil Kamath Dismisses The Idea Of Having Kids
Zerodha co-founder Nikhil Kamath recently shared his unconventional views on legacy and parenthood during a podcast discussion called ¡®WTF¡¯. The billionaire entrepreneur expressed his lack of enthusiasm for the traditional notion of having children to carry on his legacy. Kamath emphasized his reluctance to invest two decades of his life solely in the hope of receiving care from his offspring in old age.
Nikhil Kamath Calls The Idea Of Being Remembered After Death - Vain
"This is also partly why I don't have kids. I'm going to ruin 18-20 years of my life babysitting this child and then if luck serves me right, the reverse will happen at some point. What if he says 'scr** you' at 18 and leave anyway," he said.
When questioned about his legacy, the 37-year-old entrepreneur expressed his disbelief in the concept. "I believe we often overestimate our significance... We're born, we live, and we die like any other creature on Earth, and then we fade into obscurity," he remarked.
Nikhil Kamath further asserted that the desire to have children solely for the sake of being remembered after death is vain. "What's the significance of being remembered after death? I believe one should live a fulfilling life, treat others with kindness, and make a positive impact during their time here," he emphasized.
Also Read:?Zerodha's Nikhil Kamath Launches 'WTFund', To Offer Rs 20 Lakh Grant To 40 Young Entrepreneurs
Kamath Has Pledged To Donate A Significant Portion Of His Wealth To Charitable Endeavors?
In a notable achievement last year, the co-founder of Zerodha became the youngest Indian to join 'The Giving Pledge' initiative, committing a significant portion of his wealth to charitable endeavors. He credited his inspiration to esteemed Bengaluru-based entrepreneurs and fellow pledgers, including Infosys co-founder Nandan Nilekani, Biocon founder Kiran Mazumdar Shaw, and Wipro founder Azim Premji.
Nikhil Kamath Bats For Gaming Industry, Says It¡¯s A Serious Career Option And Not Just A Hobby Anymore
Nikhil Kamath took to LinkedIn to advocate for the acknowledgment of gaming as a legitimate career path. He emphasized that video gaming transcends being a mere hobby, evolving into a lucrative professional avenue deserving recognition and validation from both parents and institutions. Sharing a snippet of his podcast, Kamath reiterated the importance of redefining perceptions surrounding gaming in today's society.
"What worked in the last 20 years will likely not work in the next 20. Interactive forms of entertainment are increasingly taking market share, let's all give the gaming industry the importance it deserves ???," Kamath wrote in the post.
Also Read:?From Rs 8K Salary To India¡¯s Youngest Billionaire, The Success Story Of Zerodha's Nikhil Kamath
The online gaming sector in India has experienced remarkable growth, with its value reaching approximately 220 billion rupees in 2023 and projected to surge further, potentially exceeding 388 billion rupees by 2026. This rapid expansion has been notable, boasting a compound annual growth rate (CAGR) of 28% from FY20 to FY23. Looking to the future, experts predict the industry to achieve an impressive Rs 33,243 crore by 2028, maintaining a steady annual growth rate of 15%.
