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Born in Saumur, Maine-et-Loire, Foullon served as Intendant-General of the Armies during the Seven Years' War, and as Intendant of the Army and Navy under Marshal de Belle-Isle. In 1771 he was appointed Intendant of Finances. In 1789, when Jacques Necker was dismissed, the reactionary Court party nominated Foullon as Controller-General of Finances and minister of the king's household in the new government.