Madam is a fun, bold violet shade which radiates determination. Named after Madam C. J. Walker, the first female self made millionaire was an African-American entrepreneur, philanthropist, and a political and social activist.Madam is a fun, bold violet shade which radiates determination. Named after Madam C. J. Walker, the first female self made millionaire was an African-American entrepreneur, philanthropist, and a political and social activist.