Elisabeth Farnese (Spanish: Isabel de Farnesio; 25 October 1692 – 11 July 1766) was Queen of Spain by marriage to King Philip V. She exerted great influence over Spain's foreign policy and was the de facto ruler of Spain from 1714 until 1746. From 1759 until 1760, she governed as regent. Elisabeth was born at the Palazzo della Pilotta in Parma, daughter of Odoardo Farnese and Dorothea Sophie of Neuburg. Her mother later married her uncle Francesco Farnese, Duke of Parma. On 16 September 1714 she was married by proxy at Parma to Philip V of Spain.

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