Bill Gates dumped a huge amount of Microsoft stock this year

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REUTERS/Kevin Lamarque

Bill Gates speaks at the Foundation for the National Institutes of Health (NIH) 2010 mHealth Summit in Washington November 9, 2010.

Bill Gates topped a list of the biggest insider sellers, which was dominated by the big names in tech.

Gates sold more than $717 million of Microsoft stock this year, according to Sqoop.com, and he wasn't the only one to turn his equity into cash.

Google co-founders Sergey Brin and Larry Page dumped more than $1 billion of their company stock between them, while former Twitter CEO Evan Williams sold $275 million of shares in the company he helped set up.

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Here's the list of the top 10 insider sellers as ranked by Sqoop:

CompanySellerAmount
MicrosoftBill Gates$717,407,400
GoogleSergey Brin$542,622,259
GoogleLarry Page$538,428,550
Carnival CorpMicky Arison$433,700,000
Family Dollar StoresHoward Levine$278,809,852
TwitterEvan Williams$275,037,833
Best BuyRichard Schulze$253,690,144
CBSLeslie Moonves$210,033,068
Diamond ResortsStephen Cloobeck$176,469,679
Quintiles TransnationalDennis Gillings$162,327,527

Tech insiders hold four spots on the top 10 list.

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Most of the big sellers Sqoop found were former executives who now work at investment companies managing other people's money, which were removed from the final list.

"Once you weed out the Wall Street insiders on the list like Goldman, Thomas H. Lee, Madison Deerborne, and Welsh Carson, the list narrows quickly to fewer than 20 individuals out of the top 200 we examined," Sqoop's Bill Hanke's said.

Company insiders can sell off stock as long as they inform the market and only use information available to other investors to make their decision.

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17 companies sold off more than a $1 billion in stocks through May of this year and the 40 largest sellers Sqoop compiled made a little over $50.7 billion in total.

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