Megadonor Dick Uihlein gives $1 million to Ted Cruz’s Super PAC

Ted Cruz participates in CNBC's "Your Money, Your Vote: The Republican Presidential Debate" live from the University of Colorado Boulder in Boulder, Colorado Wednesday, October 28th

WASHINGTON — (CNN) Dick Uilhlein, one of the top Republican megadonors nationwide, has decided to back Ted Cruz’s presidential campaign and has donated $1 million to his super PAC.

Uilhlein committed on Wednesday evening, according to Drew Ryun, a super PAC official with Keep The Promise PAC.

“He is one of the top five courted GOP donors,” Ryun told CNN. “For us to land him is a good shot in the arm for Ted, and it really sets the stage going into Iowa.”

Uilhlein previously backed Scott Walker’s campaign and gave $2.5 million to his super PAC.

Uilhlein, of Illinois, started the shipping line Uline.

The-CNN-Wire ™ & © 2016 Cable News Network, Inc., a Time Warner Company. All rights reserved.

(Photo: CNN)

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