The International Booker Prize (formerly known as the Man Booker International Prize) is an international literary award hosted in the United Kingdom. The introduction of the International Prize to complement the Man Booker Prize was announced in June 2004. Sponsored by the Man Group, from 2005 until 2015 the award was given every two years to a living author of any nationality for a body of work published in English or generally available in English translation. It rewarded one author's "continued creativity, development and overall contribution to fiction on the world stage", and was a recognition of the writer's body of work rather than any one title. Since 2016, the award has been given annually to a single book translated into English and published in the United Kingdom or Ireland, with a £50,000 prize for the winning title, shared equally between author and translator. Crankstart, the charitable foundation of Sir Michael Moritz and his wife, Harriet Heyman began supporting The Booker Prizes on 1 June 2019. From this date, the prizes were known as The Booker Prize and The International Booker Prize. Of their support for The Booker Prize Foundation and the prizes, Moritz commented: "Neither of us can imagine a day where we don’t spend time reading a book. The Booker Prizes are ways of spreading the word about the insights, discoveries, pleasures and joy that spring from great fiction". History Pre-2016 Whereas the Man Booker Prize was open only to writers from the Commonwealth, Ireland, and Zimbabwe, the International Prize was open to all nationalities who had work available in English including translations. The award was worth £60,000 and given every two years to a living author's entire body of literature, similar to the Nobel Prize for Literature. The Man Booker International Prize also allowed for a separate award for translation. If applicable, the winning author could choose their translators to receive a prize sum of £15,000. The 2005 inaugural winner of the prize was Albanian writer Ismail Kadare. Praising its concerted judgement, the journalist Hephzibah Anderson noted that the Man Booker International Prize was "fast becoming the more significant award, appearing an ever more competent alternative to the Nobel". 2016 onwards In July 2015 it was announced that the Independent Foreign Fiction Prize would be disbanded. The prize money from that award would be folded into the Man Booker International Prize, which would henceforth act similarly to