Parasite is the first Korean film to win the prize, although Bong first made his mark at the festival in 2017 with the Netflix-produced Okja.
The film follows a man and his unemployed family who trick a wealthier family into giving them jobs as a way to embed themselves in the other family’s lives – before things start going wrong.
British actress Emily Beecham won the best actress prize for her starring role in Jessica Hausner’s Little Joe.
Spanish star Antonio Banderas won the male acting prize after playing a tortured filmmaker in Pedro Almodovar’s loosely biographical Pain And Glory.
The Dardenne brothers shared the best director award for their film Le Jeune Ahmed (Young Ahmed) about a young Belgian boy who plans to murder his teacher.
Celine Sciamma won the best screenplay award for her film Portrait de la Jeune Fille en Feu, or Portrait of a Young Lady on Fire.
Meanwhile, Ladj Jy won the jury prize for his film Les Miserables, inspired by the Parisian riots of 2005.
