What is Philip, Duke of Parma?
{{Infobox royalty | name =Philip | succession =[[Duke of Parma]] | image =Felipe de Parma1.png | caption = | reign =18 October 1748 – 18 July 1765 | predecessor = | successor =[[Ferdinand, Duke of Parma|Ferdinand]] | spouse =[[Louise Élisabeth of France]] | issue =[[Isabella of Parma|Isabella, Archduchess of Austria]] <br /> [[Ferdinand, Duke of Parma]] <br /> [[Maria Luisa of Parma|Maria Luisa, Queen of Spain]] | house =[[House of Bourbon]] | father =[[Philip V of Spain]] | mother =[[Elisabeth Farnese]] | birth_date ={{birth date|1720|3|15|df=y}} | birth_place =[[Royal Alcazar of Madrid|Royal Alcazar]], [[Madrid]], Spain | death_date ={{death date and age|1765|07|18|1720|3|15|df=y}} | death_place =[[Alessandria]], Italy |full name = Felipe de Borbón y Farnesio |}} '''Philip of Spain''' (15 March 1720 – 18 July 1765) was [[List of Dukes of Parma|Duke of Parma]] from 1748 to 1765. He founded the [[Bourbons of Parma|Parma line of the House of Bourbon]]. He was a son in law of [[Louis XV]]. ==Infante of Spain== Born at the [[Royal Alcazar of Madrid|Royal Alcazar]] in [[Madrid]], he was the fourth child and third son of [[Philip V of Spain]] and his wife, [[Elisabeth Farnese]]. He was raised in [[Madrid]] and as a child showed more interest in [[art]] than in [[politics]]. He was created Count of [[Chinchón]], which he later ceded to his brother [[Louis, Count de Chinchón|Louis]] in 1754. ==Duke of Parma== His mother was the last of the [[House of Farnese|Farnese]], rulers the [[Duchy of Parma]]. The Duchy had been ruled between 1731 and 1736 by his elder brother [[Charles III of Spain|Charles I]], but exchanged with [[Austria]] for The [[Two Sicilies]] after the [[War of Polish Succession]]. Twelve years later, in the [[Treaty of Aix-la-Chapelle (1748)]], Austria lost Parma, and Philip became the new Duke, founding the [[Bourbons of Parma]]. As part of the [[Treaty of Versailles (1757)]] between Austria and France