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International Booker Prize Doubles Purse to £100,000, Renamed Bukhman International Booker Prize

award · 2026-07-02

The Booker Prize Foundation revealed that beginning next year, the International Booker Prize will see its monetary award increased from £50,000 to £100,000, thanks to a decade-long pledge from Bukhman Philanthropies. In celebration of its 10th anniversary, the prize will be renamed the Bukhman International Booker Prize. The total prize money will still be divided equally between the author and translator, with each shortlisted book receiving £5,000, also shared equally. Additionally, the foundation announced the judging panel for 2027, led by author Katie Kitamura and including critic Patrick McGuinness, author Caleb Azumah Nelson, poet Olga Ravn, and actress Tessa Thompson. The longlist is set to be revealed on March 16, 2027, followed by the shortlist on April 15 and the winner announced in May. The 2026 recipient was Taiwan Travelogue by Yáng Shuāng-zǐ, translated by Lin King. CEO Gaby Wood expressed that this partnership aims to transform the literary scene.

Key facts

  • International Booker Prize purse doubles from £50,000 to £100,000.
  • Prize renamed Bukhman International Booker Prize due to Bukhman Philanthropies funding.
  • Bukhman Philanthropies commits to fund the next 10 years of the award.
  • Prize money split equally between winning author and translator.
  • Each shortlisted title receives £5,000, split between author and translator.
  • 2027 judging panel includes Katie Kitamura (chair), Patrick McGuinness, Caleb Azumah Nelson, Olga Ravn, Tessa Thompson.
  • Longlist announced March 16, 2027; shortlist April 15, 2027; winner ceremony in May 2027.
  • 2026 winner: Taiwan Travelogue by Yáng Shuāng-zǐ, translated by Lin King.

Entities

Artists

  • Katie Kitamura
  • Patrick McGuinness
  • Caleb Azumah Nelson
  • Olga Ravn
  • Tessa Thompson
  • Yáng Shuāng-zǐ
  • Lin King
  • Gaby Wood

Institutions

  • Booker Prize Foundation
  • Bukhman Philanthropies
  • Graywolf

Locations

  • United Kingdom

Sources