The 7 lb. baby boy, who is yet to be named, arrived Saturday morning at a Los Angeles hospital, according to spokesman Elliot Mintz, who quoted Johnson as saying he was "over the moon times six."
Mother and baby were both doing well, reports the Associated Press.
Johnson, 56, was also recently in the news for staving off last-minute foreclosure over a delinquent debt to D.A. Shaw Laminar Lending Inc. and paying $14.5 million to save his 17-acre Woody Creek ranch in Aspen, Colo.
Johnson had to fork over some $544,584 in interest and $7,175 in attorneys' fees, among other charges, according to documents obtained by the Aspen Daily News.
Papers filed in Pitkin County District Court by D.A. Shaw earlier this year claimed Johnson's two companies failed to make timely payments on a $10.6 million loan, given to Johnson's companies in August 2004 as they emerged from Chapter 11 bankruptcy.