 Their original land holdings were located around the village of Betlenfalva in the Szepes county (today Betlanovce, Spiš region).From the end of the 15th century, they were mostly businessmen and entrepreneurs in Kraków, Levoča, Szepes, Gemer, central Upper Hungary, Transylvania, Bohemia and Germany.In 1495, they established the "Thurzo-Fugger company", which is sometimes regarded as the first capitalist company in Europe.