Venture Capital
(Bloomberg) -- Actress Jessica Alba cemented her claim to one of the most lucrative side gigs in Hollywood after shares of her beauty business, the Honest Co., soared almost 40% in its market debut. The “clean” beauty- and baby-products maker’s stock jumped to $22.19 at 1:13 p.m. in New York after pricing the shares at $16, within its marketed range of $14 to $17. Alba’s roughly 5% stake is valued at $94 million, according to the Bloomberg Billionaires Index. She also has exercisable options valued at about $23 million. “I was born into a hardworking Mexican-American family.

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