Bukhman Philanthropies, founded by Daria and Dmitri Bukhman, will fund the International Booker Prize in 2026. This partnership is a significant boost for the award, which celebrates its tenth anniversary in its current form and is considered the world’s most influential award for translated fiction. The prize money of £50,000 is split equally between the winning author and their translator(s).
Daria Bukhman highlights the importance of translated literature in fostering empathy and understanding diverse cultures, especially in an increasingly fragmented world. Her personal experience with translated fiction growing up inspired this commitment. Bukhman Philanthropies' mission to amplify writers' voices aligns closely with the Booker Prize Foundation's work.
This funding comes as translated fiction sales have doubled since the prize's inception in 2016, indicating a growing appetite for works from various original languages. The International Booker Prize has a history of spotlighting authors, with four past winners going on to receive the Nobel Prize for their entire body of work.
