Korean Director Wins Cannes' Palme D'Or

South Korean director Bong Joon-ho's won the Cannes Film Festival's top award, the Palme d'Or, on Saturday.

The award was received for his raucous social satire "Parasite," about a poor family of hustlers who find jobs with a wealthy family. His winning film is an unprecedented one from Korea.

In the festival's closing ceremony, jury president Alejandro Inarritu said the choice had been "unanimous" for the nine-person jury.

Following the award, Bong told reporters: "It's the 100th anniversary of the cinema in Korea this year. To celebrate the 100th anniversary of the Korean cinema, I think the Cannes Film Festival has offered me a very great gift".