There is no point in having children for inheritance, this businessman called it a waste of time


Nikhil Kamath, founder of online broking firm Zerodha, is not interested in becoming a father. According to Nikhil Kamat, the traditional idea of ​​having children to carry forward the legacy does not seem right to him. Along with this, he talked about giving more importance to social work.

What did Nikhil Kamat say?

He has talked about his thoughts of becoming a father in an episode of his podcast WTF. According to Nikhil Kamat, he gives priority to his current activities. “I don’t feel the need to spend a large part of my life raising a child,” he said. This is also a big reason why I don’t have children.

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Doesn’t mean having children for inheritance

Nikhil Kamat said- I may waste 18-20 years of my life taking care of the child, but what if he leaves everything at the age of 18. Kamat, a 37-year-old businessman, further said that he does not agree with the traditional idea of ​​leaving behind a legacy. Nikhil Kamat said that having children just to ensure that they will be remembered after death is not in line with my values. What does it mean to be remembered after death? I think you should come to this earth, you should live well, you should treat people you meet in your life well.

Focus on social work

Kamat said, “I am 37 years old and if the average age of an Indian is 72 years, I have 35 years left. There is no value in leaving money in banks… so I spend my time and money on those things.” I would like to give the money I have earned in the last 20 years and whatever I will earn in the next 20 years to charity or charity. Founder Nikhil Kamat became the youngest Indian to take part in the ‘Giving Pledge’, joining Infosys co-founder Kiran Mazumdar in this case. Shaw considers Wipro founder Azim Premji as his inspiration.



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