Will Ferrell Welcomes Third Son

Axel Ferrell born early Saturday

Will Ferrell is a daddy for the third time.

The comic actor and wife Viveca Paulin welcomed their third son, Axel, on Saturday, hours after Ferrell appeared on Conan O'Brien's final taping of "The Tonight Show," People magazine reported.

"All the Ferrells are doing well," a rep told the magazine.

Axel has a pair of big brothers to look out for him. Magnus is 5 and Mattias is 3.

Ferrell, 42, and Paulin, 40, met 15 years ago in acting class and married in 2000.

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