United Kingdom, July 4 -- Stephen Baldwin has hailed Hailey Bieber as being "super smart" amid her billion-dollar business sale.

The 59-year-old actor has heaped praise on model Hailey, 28, after she sold off her Rhode beauty brand for the massive sum.

Speaking on The Adam Corolla Showpodcast, he said: "The cool part of it is she's super smart, smart in business.

"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.

"The reason it's succeeding is people are responding to it. It actually works as hydration and all of that."

Stephen - who is also father to actress Alaia, 32, - added that he has "remai...