Entrepreneurs — from ‘school of hard knocks’ — leave millions for St. Croix Valley scholarships

Tuesday, October 16, 2018

Marty Ryan and Richard Sterbenz were not known for their academic prowess.

Ryan barely graduated from high school; Sterbenz never did.

Despite their lack of formal education, the Somerset, Wis., couple amassed a fortune running Dalson Foods, a global meat-trading business, and Richmar Industries, a realty company. They also owned and operated MR Convenience Store, Rich’s Eatery and several real estate developments in the Somerset area.

The couple, who had no children, decided to establish a $4 million scholarship fund upon their deaths to “give kids like them a shot at life that they never had,” said Karen Hansen, a partner at the Winthrop & Weinstine law firm in Minneapolis and a longtime friend.

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Category: St. Croix