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 XIV's; in a word, it is having given to this magnificent book that is called French history this magnificent binding that is called Versailles" (Victor Hugo). Later, Balzac characterised the effort in less laudatory terms as the “hospital of the glories of France”. The southern wing (Aile du Midi) was given over to the Galerie des Batailles (Hall of Battles), which necessitated the demolition of most of the apartments of the Princes of the Blood who lived in this part of the palace during the Ancien Régime. The Galerie des Batailles was modeled on the Grande Galerie of the Louvre