The music mogul revealed he wants to name his first child with socialite Lauren Silverman after his favourite person in the world - himself, reported Contactmusic.
"My number one choice is Simon because I like the name," he said.
However, the 54-year-old star also admitting his second choice was Eric in honour of his late father, who would have been very proud to have a grandson.
"His birthday is going to be very close to my dad's birthday," Cowell said.
"I want to teach him how to do my job as quickly as possible. I want to pass the reins over. I really would like the idea of teaching him how to run the business.
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