Billionaire Couple Welcomes First Child Together

White Fox founders Georgia and Daniel Contos welcomed their first baby together on Saturday, a healthy boy.

The pair shared the exciting news to social media on Thursday night by posting a precious black-and-white photo of both of their hands tenderly cradling the sleeping newborn.

Georgia also posted a sweet hospital photo which captured her carefully holding her youngster in her arms, as the pair captioned the gallery with some heartfelt words – and revealed their baby's sweet name.

'Our baby boy is here. We are so in love. Connor Contos born 4th July,' they wrote, adding a love heart emoji.

Many of their celebrity friends quickly took to the comments section to offer their well wishes.

'Little Connor welcome to the world gorgeous boy. Congratulations to the three of you such a beautiful family unit,' wrote fitness influencer Sarah's Day. 

'Congratulations!!!' gushed Costeen Hatzi.

It's shaping up to be a record-breaking year for the White Fox founders.

Last month,

The high-school sweethearts, both 34, have just smashed their way onto the Australian Financial Review Rich List with a jaw-dropping combined fortune of $1.31billion.

But while their bank accounts are booming, they are also gearing up for a major milestone as they prepare to adjust to life as new parents.

All eyes are on the couple's showstopping mega-mansion, Casa del Sol, just a stone's throw away in Vaucluse. 

Stunning new aerial photos obtained by Daily Mail reveal spectacular progress on the sprawling estate, which has quickly become the talk of Sydney's moneyed elite.

The sheer scale of the Contos' dream home is now impossible to ignore.

Set over what was previously four properties now bulldozed to make way for vast sandstone walls, sweeping curves and tiered levels rising dramatically across the prime waterfront block.