Pete Wentz is a proud dad for son Bronx Mowgli Wentz who was born November 20. He revealed that once he was born, both he and Ashlee Simpson said, “’He’s beautiful. He’s perfect.” With an estimate of $2 million dollars for the first baby pictures of Mowgli, he’ll definitely be the most perfect baby this November 2008… that is, until Jolie adopts or give births to another Jolie-Pitt.

Although Pete and Ashlee hasn’t decided whether they’ll be selling the pictures exclusively… or not, the U.S. publicist Howard Bragman estimated that Mowgli’s pictures will be worth around the low seven figures mark, explaining, “Two million seems like a good, solid figure for Ashlee and Pete. It’s a two-celeb couple, so that’s a boost for them.  Keep in mind, last year, Ashlee was the girl who sang along to the tape recorder. It was a PR nightmare. Now, she’s a newlywed and a new mom, so she’s a lot more relatable.”

Ashlee Simpson-Wentz and husband Pete Wentz (although working immediately after his son’s birth) has not yet commented on the report.

Do you think this young couple would give in to the latest Hollywood trend of selling baby pics?
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