Winner of the 2016 Man Booker Prize for his novel ‘The Sellout,’ Paul Beatty speaks on stage at the 2016 Man Booker Prize at The Guildhall, Oct. 25, in London, England. (John Phillips/WPA Pool/Getty Images)

Paul Beatty has become the first American author to win the prestigious Man Booker Prize for “The Sellout”—a caustic satire on U.S. racial politics that has earned him comparisons with the likes of Mark Twain and Jonathan Swift, write Aditi Khanna and H.S. Rao. – #Siliconeer @siliconeer #PaulBeatty #TheSellout #ManBookerPrize #Politics #Read

The novel, described by the judges as “shocking and unexpectedly funny,” tells the story of an African-American man who attempts to assert his identity, ironically by reintroducing slavery and segregation in his Los Angeles neighborhood.

The 54-year-old author collected the £50,000 literary award at a ceremony at London’s Guildhall, Oct. 25.

Beatty appeared overwhelmed with emotion and struggled for words as he began his acceptance speech.

“I hate writing,” the Los Angeles-born writer said.

“This is a hard book. It was a hard for me to write, I know it’s hard to read. Everyone’s coming at it from different angles,” Beatty said.

The author’s caustic wit and humor set against the backdrop of U.S. politics earned him high praise from the judges, who compared his work with the likes of Twain and Swift.

Amanda Foreman, chair of the judging panel, said the novel had been chosen unanimously after four hours of deliberation.

“‘The Sellout’ is one of those very rare books that is able to take satire, which is in itself a very difficult subject and not always done well, and it plunges into the heart of contemporary American society with absolutely savage wit of the kind I haven’t seen since Swift or Twain,” Foreman said.

“It both manages to eviscerate every social taboo and politically correct nuance, every sacred cow, while both making us laugh and wince. It is both funny and painful at the same time, and it is really a novel for our times,” she said.

Beatty, who now lives in New York, has three previous novels “Slumberland,” “Tuff” and “The White Boy Shuffle.”

This is the third year that the award has been open to writers of fiction of any nationality. The shortlist included two British, two U.S., one Canadian and one British-Canadian writer.

The Sellout beat five other novels, including Madeleine Thien’s ‘Do Not Say We Have Nothing,’ the bookies’ favorite.

Others in the running were Graeme Macrae Burnet for his Scottish crime thriller “His Bloody Project,” Deborah Levy for her novel “Hot Milk,” Ottessa Moshfegh’s “Eileen,” and David Szalay’s “All That Man is.”

The shortlisted authors each received 2,500 pounds and a specially bound edition of their book.

The award was presented to Beatty by Camilla Parker-Bowles, the Duchess of Cornwall.