The New York estate of a black entrepreneur who's considered the nation's first self-made female millionaire has been purchased by an organization founded by the owner of Essence magazine.

The National Trust for Historic Preservation announced Wednesday that Madam C.J. Walker's century-old Italianate-style mansion outside New York City was recently bought by the New Voices Foundation, started by Richelieu Dennis.

A purchase price wasn't released.

Walker was born Sarah Breedlove in Louisiana in 1867 to former slaves. After marrying a St. Louis newspaperman, she changed her name to Madam C.J. Walker and began selling her own hair products made for black women, a venture that made her wealthy.

She moved to New York in 1916 and two years later built Villa Lewaro in Westchester County. She died there in 1919.

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This story has been corrected to fix estate ownership to organization founded by magazine owner instead of magazine owner and his family.