Former model and actress Cathy Tsui gave birth to a baby boy last week according to a statement released Tuesday by her and her wealthy husband, Martin Lee Ka Shing.

The couple shared a picture with the public of their newborn sound asleep.

According to the statement, the baby boy weighed in at 6 pounds and both mother and baby are in a healthy condition. All family members are very excited about the new arrival.

The arrival of her son makes 29 year-old Cathy a mother of three, as she also has two daughters aged two and four.

Cathy has reportedly gained a large amount of weight during her third pregnancy. The media have had their eyes on Cathy since early on Tuesday morning, speculating Cathy's immediate delivery at any moment this week. The news has reached the headlines of a large amount of Chinese media, which all remark on the boy as being the heir to the family riches.