Stephen Huvane, a representative for the Kill Bill star, said “I can confirm she is engaged.”
The actress has been dating the Swiss businessman since last summer and, although he lives in London while she lives in New York, the couple have decided to take the relationship to the next level.
After proposing, Busson presented Thurman with a diamond ring, consisting of a large centre stone surrounded by 20 smaller gems.
Last night she was showing off the sparkler at Elton John’s exclusive White Tie and Tiara Ball.
"It's the most beautiful piece I've ever seen," said a pal who was at the do. "Arki did a wonderful job."
A date for the wedding has not been anounced.
It will be Thurman's third marriage. She was married to Gary Oldman for two years from 1990 and had two children with second husband Ethan Hawke, with whom she split in 2003.
Multi-millionaire Busson has never been married but has two children with his ex, supermodel Elle Macpherson.
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