AI tycoons significantly reduced their holdings in the third quarter, with NVIDIA's board members leading the way

Billionaires closely related to the artificial intelligence industry became the main force in the insider selling list for the third quarter. Nvidia director Mark Stevens topped the list, with Nvidia's stock valuation nearing its lowest in over a decade.

Other AI-related billionaires in the top ten include Arista Networks CEO Jayshree Ullal and Amazon founder Jeff Bezos. The combined net worth of the three is approximately $302 billion.