Marienborg was built as a summer residence for naval officer and director of the Asiatic Company, Olfert Fasvier Fischer (1700–1761), in 1745. The name originates from 1795, when the owner's wife, Marie Lindencrone, had the place named after her. In 1934, Supreme Court attorney (højesteretssagfører) and founder of the David Collection C. L. David (1878–1960) bought the property. In 1960, the buildings, area and household goods were bequeathed to the state, which took over Marienborg on 1 January 1962. Today Marienborg is available to the Prime Minister as a residence and for representative purposes.