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He ranks second in Breeders' Cup earnings, using 69 starters to amass $14,441,210.
"Companies can show earnings using generally accepted accounting principles and still not throw off any cash flow," he added.
Forbes compiles its annual list of celebrity earnings using input from agents, managers, producers and others to calculate its estimates for each celebrity's entertainment-related earnings.
In 2006 the authorities raided Livedoor and found evidence that it had fabricated earnings using share splits and a series of fake companies.
Merrill Lynch & Company, for example, now requires its analysts to include a company's earnings using general accepted accounting principles after the firm was accused of publishing overly bullish and biased stock reports.
He can make acquisitions, delay investments or manage earnings using questionable accounting in the hope that some unexpected good news will turn up or that he will win enough time to make money from his options.
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High earnings used to reduce a Japanese woman's chance of marrying.
Mr. Ruff looks for companies with moderately attractive yields, generally around 3 percent to 4 percent, and payout ratios, or the proportion of earnings used to cover dividends, of 30 percent to 60 percent.
Depending on the type of earnings used, p/e ratios are now somewhere between the high teens and (rather more likely) the low 40s.
Conservative politicians and Wall Street have long criticized the double taxation of dividends: corporations pay corporate income taxes on the earnings used to pay dividends and then investors pay taxes on the dividends they receive.
In addition, 32percentt of the respondents offered dependent-care spending accounts, which enable employees to shelter a part of their earnings used for elder care from taxes, while 17percentt offered long-term care insurance, usually not subsidized by the employer.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com