Kyle Sandilands has revealed his one-year-old son is already a millionaire

The popular Sydney radio host has revealed his son’s shocking wealth at just one year old.

Kyle Sandilands has once again shocked his co-host after revealing the staggering financial status of his one-year-old son.

Talking with co-host Jackie “O” Henderson earlier today on The Kyle & Jackie O Show, the Sydney radio personality admitted that his child is “already a millionaire”.

Discussing Sandilands use of a private jet, Jackie O expressed concern about how much Sandilands spends, citing concern over his son Otto’s inheritance as the reason for her questioning.

“I want Otto to have this lovely inheritance one day,” Jackie O said, before Sandilands interjected.

Kyle Sandilands and baby Otto.

“Otto’s already been loaded up by his great grandfather, so no worries there.”

When asked how rich the great grandfather really is, Sandilands simply replied “wealthy”.

“My child is already a millionaire, he’s already got a million dollars in his bank,” he said, adding that he’s jealous.

“Not even one, what an a**hole, I’m jealous of me own kid.”

Sandilands is no stranger to discussions of wealth or lavish gestures.

Otto Sandilands first birthday was jungle-themed.

Otto also trekked to Europe for the Sandilands’ honeymoon. Picture: kyleandjackieo/Instagram.

Just last month, Sandilands and his wife spent “only” $25,000 for their son’s first birthday.

“It’s only $25,000. It’s a watered-down type of party,” the radio personality said on air.

While it’s unclear exactly how the money was spent, there was apparently a Mickey Mouse impersonator, a jumping castle, and a seven-foot giraffe in attendance.

Sandilands also mentioned that his wife had bought “weird”, “eight-foot tablecloths”, as well as lollies and plates for the event.

Earlier this year the radio host also embarked on a pricey European honeymoon, where he seems to have brought everyone along, from Otto’s nanny, to several Kyle and Jackie O Show employees, including an intern from the show.

Sandilands flew from Paris to Saint Tropez, and Saint Tropez to Barcelona via a private jet during his honeymoon. Picture: kyleandjackieo/Instagram.

Sandilands had an extravagant honeymoon in Europe earlier in the year. Picture: kyleandjackieo/Instagram.

In a breakdown of the costs, it was revealed that $20,000 was spent on tips alone throughout the honeymoon, while over $12,000 was spent on alcohol, and $80,000 on airfares.

The total cost of the honeymoon has been chalked up to an astonishing $513,430.

His April wedding to Tegan Kynaston – now Mrs Sandilands – also sported quite the price tag, sitting at a reported $1 million.

Taking place at the prestigious Swifts mansion in Darling Point, the wedding featured high profile guests like Karl Stefanovic, Anthony Albanese, and NSW Premier Chris Minns.

Guy Sebastian performed for the couple’s first dance together, singing Ray Charles’ Hallelujah I Love Her So.