Roman emperor
The Western Roman Empire collapsed in the late 5th century. Romulus Augustulus is often considered to be the last emperor of the West after his forced abdication in 476, although Julius Nepos maintained a claim recognized by the Eastern Empire to the title until his death in 480. Following Nepos' death, the Eastern Emperor Zeno abolished the division of the position and proclaimed himself as the sole Emperor of a reunited Roman Empire. The Eastern imperial lineage continued to rule from Constantinople ("New Rome"); they continued to style themselves as Emperor of the Romans (later βασιλεύς Ῥωμαίων in Greek), but are often referred to in modern scholarship as Byzantine emperors. Constantine XI Palaiologos was the last Roman emperor in Constantinople, dying in the Fall of Constantinople to the Ottomans in 1453.
The Last Legion
Orestes, who was partly of Germanic blood, was historically the "magister militum" – the senior officer of the Roman army second to the emperor. He had indeed promised his Germanic foederati a third of Italy to settle in but not to Odoacer personally. Orestes was himself a usurper, having promised the land to foederati to buy their quiescence in his rebellion against the legitimate emperor Julius Nepos. Although Orestes proclaimed his son, Romulus Augustus (derisively called "Augustulus", meaning "little Augustus") Emperor, the proclamation was not recognised as legitimate beyond the parts of the Italian Peninsula controlled by Orestes' troops. The common identification of Augustus as the "last Western Emperor" dates only from the publication of British historian Edward Gibbon's History of the Decline and Fall of the Roman Empire in the late 18th Century.