The Man Booker Prize for Fiction is a literary prize founded in 1969, awarded each year for the best original novel, written in the English language and published in the UK. The winner of the Man Booker Prize is generally assured international renown and success; therefore, the prize is of great significance for the book trade. The prize money awarded with the Booker Prize was originally £21,000, and was subsequently raised to £50,000 in 2002 under the sponsorship of the Man Group, making it one of the world's richest literary prizes. In 1993, as part of the celebrations of 25 years of the prize, a so-called Booker of Bookers was awarded to Salman Rushdie for his novel Midnight’s Children , chosen as the best book to have won the prize in its first quarter of a century.