 It returned under Austrian sovereignty in 1813, and in 1838 the Austrian Emperor returned Bled to the bishops of Brixen as a private estate.With the abolition of the feudal system in 1848, Bled ceased to have the characteristics of a feudal economy and from then on it experienced several changes in ownership, including industrialists and a bank.After the dissolution of Austria-Hungary in 1918, Bled and the rest of Carniola came under the rule of the Kingdom of Yugoslavia and became a summer domicile of the ruling House of Karađorđević, a tradition that Yugoslav leader Josip Broz Tito continued when he built his residence here in 1947.