Stephen Baldwin reacts to Hailey Bieber's bold business move

Stephen Baldwin praised his daughter, Hailey Bieber, as "super smart" after she finalized a billion-dollar business deal.

The 59-year-old actor opened up about his daughter's decision to sell her Rhode skin care brand to e.l.f. Beauty during an appearance on The Adam Carolla Show on June 25.

"It took her three years," the actor told host. "What, did you think that was just some rotten tomatoes journey?"

"The cool part of it is she's super smart, smart in business," he praised his 28-year-old daughter. "Succeeded as a model prior to everything she's doing now.”

“But the cool part was she actually had an offer to do something pretty big and cool in the cosmetics a couple years ago and didn't," continued Stephen.

The father of two added that he takes a hands-off approach to his kids' careers, saying, "I let my kids do what they're doing."

"And if they want to throw a boomerang at me, I'll call them back,” said the actor.