Cameron Diaz, 53, welcomes her third child with husband Benji Madden as she gushes 'we love life with our family, we are grateful'

Actress Cameron Diaz and Benji Madden have welcomed their third child into the world.

47-year-old Madden broke the news through a loving post on Instagram early Monday, where he said the couple was proud parents to a baby boy named Nautas.

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He added that he and his wife are so elated, excited, and blessed to announce the birth of their child, named Nautas Madden. The singer also wrote in bold letters: 'Welcome to the world, son!'

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He added that he loves life with the family and cannot wait to spend time with his little bundle of joy. He called the moment happy and was so grateful while sending best wishes and thanks to the fan for all the love and support always.

The couple also shares two other children together.

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