Most of what people call morality is just their own feelings or interest or some attempt to protect their ego, it's basically just an expression of narcissism.

The cultivation of a sense of actual morality requires a lot of study and humility and quieting your own feelings and ego. This is very difficult and most people can't do it, ideally in a healthy society the elites you have are people who can and do do this.

Ironically Thiel in particular is precisely one of these people. He's very thoughtful and well read and displays a lot of humility in his speech and conduct.