Biennial Man Booker International Prize 2015 was unveiled Tuesday night in London, with innovative Hungarian writer Laszlo Krasznahorkai becoming the winner.

The award ceremony was held at the Victoria and Albert Museum in London on Tuesday night, and Krasznahorkai was chosen from a list of ten contenders from around the world.

Krasznahorkai, born in 1954, gained considerable recognition with his numerous works, such as Satantango, and The Melancholy of Resistance. He was awarded the highest award of the Hungarian state, the Kossuth Prize.

Winning the Man Booker International Prize means he would be given 60,000 British pounds (around 93,000 U.S. dollars).

A total of ten writers entered into the finalists' list, including Lebanese writer Hoda Barakat, Maryse Conde from Guadeloupe, Mia Couto from Mozambique, Libyan Ibrahim al-Koni, and writer Marlene van Niekerk from South Africa. All of the five authors and Laszlo Krasznahorkai were from countries that were included on the list for the first time.

Four other writers on the list were Argentinean writer Cesar Aira, Indian writer Amitav Ghosh, and Fanny Howe from the United States, and Alain Mabanckou from Republic of Congo.

Different from the annual Man Booker Prize, Man Booker International Prize aims to recognize writer's achievement in fiction, not a single book.

The highly anticipated Man Booker Prize 2015, one of the most important literary awards in the world, will announce its winner in October.