Here's where Jim Webb gets his campaign money

Jim Webb has been many things—a combat veteran, noted author, journalist, lawyer, high-ranking political appointee and senator. But one thing he’s not is an ardent fundraiser.

Webb, who is now the fifth Democrat running for president, has been elected just once before, to a single term as a U.S. senator from Virginia from

2007 to 2013. He raised $9.6 million as part of that effort, a respectable sum for a national politician from a medium-sized state. But much of that money came from a Democratic establishment hoping to flip a Senate seat from Republican control, which they did. Webb won’t get that kind of institutional support as he battles Hillary Clinton, the establishment favorite, for the Democratic nomination.

Webb has also said he’ll forgo a super PAC, because he doesn’t believe that’s how campaigns ought to be funded. That will leave him without the support of a big-money group able to raise unlimited funds from wealthy donors, and make it even more important to raise money from a broad swath of donors making relatively small contributions. Here’s who Webb relied on in the past to fund his political activities:

Altria. The tobacco firm (MO) is based in Richmond and donates to many Virginia politicians. Altria and many of its employees donated more than $100,000 to Webb during his time in Washington, according to the Center for Responsive Politics, making the company one of Webb’s biggest sources of money.

[See where all the presidential candidates get their campaign donations.]

John Kerry. The former Democratic senator—now Secretary of State—established a political action group called Keeping America’s Promise that gave more to Webb than to any other candidate in 2006, when Webb ran for Senate. The group’s donations—totaling about $74,000—indicate how strongly Democrats backed Webb’s bid to unseat Sen. George Allen, the Republican incumbent at the time.

Defense contractors. Webb was secretary of the navy in the 1980s, and as a senator he served on the Armed Services Committee. That made him an influential voice on national security, so it’s not surprising that contractors such as Northrop Grumman (NOC), General Dynamics (GD) and Leidos (LDOS) (formerly SAIC) became notable contributors to Webb after he made it to the Senate in 2006.

Lawyers and lobbyists. As a resident of northern Virginia, Webb is a hometown favorite inside the Beltway, making him a natural target for some of the biggest law and lobbying firms in D.C., including Akin, Gump; Skadden, Arps; and Squire Patton Boggs.

Wall Street. The big financial firms donate to practically everybody, and Webb pulled down more than $400,000 from employees at firms such as Goldman Sachs (GS), Merrill Lynch (now a division of Bank of America), Capitol One (COF) and Blackstone (BX). But that’s chump change in a presidential election, with Wall Street alone is likely to funnel hundreds of millions of dollars to candidates of both parties in 2016. That makes Webb one more thing: a serious underdog.

Rick Newman’s latest book is Liberty for All: A Manifesto for Reclaiming Financial and Political Freedom. Follow him on Twitter: @rickjnewman.