Louis-Philippe I Net Worth

Background and career

Louis Philippe I (6 October 1773 – 26 August 1850), nicknamed the Citizen King, was King of the French from 1830 to 1848, the penultimate monarch of France, the last French monarch to bear the title "King", and the only French monarch to descend from the Orléans branch of the Bourbon family. He abdicated from his throne during the French Revolution of 1848, which led to the foundation of the French Second Republic.

Louis Philippe was the eldest son of Louis Philippe II, Duke of Orléans (later known as Philippe Égalité). As Duke of Chartres, the younger Louis Philippe distinguished himself commanding troops during the French Revolutionary Wars and was promoted to lieutenant general by the age of 19, but broke with the First French Republic over its decision to execute King Louis XVI. He fled to Switzerland in 1793 after being connected with a plot to restore France's monarchy. His father fell under suspicion and was executed during the Reign of Terror.

Louis Philippe remained in exile for 21 years until the Bourbon Restoration. He was proclaimed king in 1830 after his distant cousin Charles X was forced to abdicate by the July Revolution. The reign of Louis Philippe is known as the July Monarchy and was dominated by wealthy industrialists and bankers. During the 1840–1848 period, he followed conservative policies, especially under the influence of French statesman François Guizot. He also promoted friendship with the United Kingdom and sponsored colonial expansion, notably the French conquest of Algeria. His popularity faded as economic conditions in France deteriorated in 1847, and he was forced to abdicate after the outbreak of the French Revolution of 1848.

Louis Philippe lived for the remainder of his life in exile in the United Kingdom. Among supporters of royalism in France, his supporters are known as Orléanists. Among his grandchildren were King Leopold II of Belgium, Empress Carlota of Mexico, Tsar Ferdinand I of Bulgaria, and Queen Mercedes of Spain.