Palace of Versailles Colbert's mercantilism, but also to display the finest that France could produce. Estimates of the amount spent to build Versailles are speculative. An estimate in 2000 placed the amount spent during the Ancien Régime as US$2 billion, this figure being, in all probability, an under-evaluation. France's Fifth Republic expenditures alone, directed to restoration and maintenance at Versailles, may have surpassed those of the Sun King. Palace of Versailles The Palace of Versailles (; ; ) was the principal royal residence of France from 1682, under Louis XIV, until the start of the French Revolution in 1789, under Louis XVI. It
History of the Palace of Versailles of the citizens of Versailles. In October 1790, Louis XVI ordered the palace to be emptied of its furniture, requesting that most be sent to the Tuileries Palace. In response to the order, the mayor of Versailles and the municipal council met to draft a letter to Louis XVI in which they stated that if the furniture was removed, it would certainly precipitate economic ruin on the city. A deputation from Versailles met with the king on 12 October after which Louis XVI, touched by the sentiments of the residents of Versailles, rescinded the order. Eight months later, however, the