Zerodha co-founder Nikhil Kamath reveals he wanted to adopt a child: 'Thought it was cool'

Billionaire Nikhil Kamath, 37, added that he does not feel strongly about having children to continue his 'legacy'. (Image credit: @nikhilkamathcio/Instagram)

Nikhil Kamath has recently revealed that although he does not want to have children, there was a time when he considered adopting a child and even explored the possibility seriously.

In a candid chat during his podcast, WTF, the Zerodha co-founder said, "At one point in life, I had a phase where I wanted to adopt a child. And I actually tried... I researched it." He, however, added that it was during his research he found that with the current regulations, it was impossible for a single Indian man to adopt a child.

Explaining why he preferred adoption, Nikhil Kamath said that he felt like it would have been "cool" to do so. "Just like that. I thought it was cool at that time. See, most of the things we do (are) because we think they are cool, right?"

In the same episode, the  37-year-old billionaire added that he does not feel strongly about having children to continue his "legacy" and that he does not want to spend two decades of his life "babysitting" only to hope that his children treat him well when he gets old.

"This is also partly why I don't have kids," Kamath said. "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 leaves anyway."

When asked about leaving behind his legacy, Kamath shared that he does not believe in the notion. "I think we all feel that we are more important than we actually are... you are born and you die like every other animal on the planet and then you are gone and nobody remembers anybody," he said.

Kamath also said that it's vanity to have kids only to be remembered after death. "What's the point in being remembered (after death)? I feel like you should come, you should live well, you should be nice to the people you meet in your life," he said.