The Marquise de Pompadour then occupied the palace before bequeathing it to King Louis XV upon her death in 1764. In the following years, the palace was a center for high society gatherings and was named Élysée in accordance with the nearby boulevard in 1797.
Even before it was an official residence, it hosted some famous names.
Emperor of France Napoleon Bonaparte bought the palace in 1808 and named it the Élysée-Napoleon. After the Battle of Waterloo, Napoleon returned to Paris and completed his abdication of the in the Élysée Palace on June 22, 1815.
Since its creation, the palace has featured perfectly manicured and gilded interiors that often make visitors feel they are very far set apart from the surrounding city.
I found myself sitting in a place where the silence seemed so extraordinary, so far from the normal riotous cacophony of Paris, that it felt like being shut away from real life.
Now and again you could hear the chime of a golden clock, a faint footstep on carpet, or a bird chirping in the perfectly-kept gardens that stretched out beyond the floor-to-ceiling windows. Whatever might be happening outside, here it felt as though one was perfectly muffled and cocooned; wrapped in several layers of metaphorical cotton wool and removed from it all.
The entirety of the inside of the palace is covered in gold details and stunning French art and furniture.
In addition to their historical and symbolic importance, the 122 sculptures, paintings, photographs; and 546 pieces of furniture and other objects, were estimated to be worth tens of thousands of pounds.
The palace's stunning architecture engulfs the mix of rooms used for a wide array of functions and intimate meetings with visiting lawmakers and French officials.
The palace sits at Number 55 on Rue du Faubourg Saint-Honoré, a public street in central Paris. The main building is secured behind a series of gates and walls.
The palace only started keeping records of a budget around 2008, which saw costs including staff salaries to personal spending add up to €113.6 million.
Presidents' massive spending is often a target for ridicule.
When reports surfaced that President Emmanuel Macron spent €26,000 in three months on a makeup artist, he wasn't the first French president to get called out for exorbitant spending within the budget.
His predecessor, François Hollande spent a similar €30,000 for makeup, in addition to a monthly €9,895 bill for a personal barber, years after his conservative predecessor, Nicolas Sarkozy, spent €8,000 a month on makeup.
Other palace costs get pointed at the president as well, including Macron's announcement of a €500,000 cosmetic renovation of the Salle des Fêtes, which would be the first in more than 30 years.
However, the palace's proximity to the center of Paris places it in firmly in the public eye, sometimes serving as a symbol of exorbitant wealth and power.
French President Emmanuel Macron was a central figure in the gilets jaunes, or yellow jacket, protests that broke out in November 2018.
Protesters based in Paris targeted the palace, but police maintained heavily guarded barricades to prevent protesters from reaching the palace.
Though impressive, the palace's rich appearance has worked against presidents.
When President Macron addressed the country to respond to the gilets jaunes protesters, his appearance in front of a gilded wall and seated behind a priceless desk seemed to strike the wrong chord with many of his intended audience.