In 2014, the couple welcomed son Eric.

“Meeting Lauren and becoming a dad was the most fantastic thing to happen in my life,” Cowell told Hello Magazine.

“It’s hard when you have kids at my age but it’s amazing. When you work as hard as I do, you think, ‘What’s it all going to be for at the end?’ Then somebody like him comes along and it’s all worthwhile.”

Thanks to his shows and his sense for business, Simon has made $600 million, as per Celebrity Net Worth. However, it looks like Eric won’t inherit his father’s fortune. Why, you may wonder. Well, that’s because Simon believes his son should create fortune on his own.

“I’m going to leave my money to somebody. A charity, probably — kids and dogs. I don’t believe in passing on from one generation to another,” Simon told The Mirror and added, “Your legacy has to be that hopefully you gave enough people an opportunity, so that they could do well, and you gave them your time, taught them what you know.”

Simon and Eric have a lot in common and they enjoy spending plenty of time together. According to the proud father, they both love Scooby Doo and enjoy watching Disney movies together.

”He’s the most amazing thing that ever happened to me. I adore him,” America’s Got Talent judge said.

Eric was named after Simon’s father, Eric Selig Phillip Cowell, who passed away in 1999.