 Immediately following his abdication, Farouk's baby son, Ahmed Fuad, was proclaimed King Fuad II, but for all intents and purposes Egypt was now governed by Naguib, Nasser, and the Free Officers.On 18 June 1953, the revolutionary government formally abolished the monarchy, ending 150 years of the Muhammad Ali dynasty's rule, and Egypt was declared a republic.The Egyptian government quickly moved to auction off the King's vast collection of trinkets and treasures, including his seven-piece bedroom suite that was inspired by Napoleon and Josephine's suite at the Château de Malmaison.