I've taken the position that anything the ultra-wealthy say is likely wrong, and every decision they take will negatively affect society, unless and until its corroborated by an unbiased source with expertise in the subject matter.
This is an SNL skit from 1996 that has always been my framing for how many-million/billionaires think, Tiny Camels through Giant Needles: https://www.reddit.com/r/RebelChristianity/comments/113xslu/...
The ultra-wealthy are no different from anyone else. However the effects of their decisions - both good and bad - tend to be much larger than what most of us can do.
I think the ultra-wealthy are just operating under what they think they need to tell people in order to get the outcomes they want. You're only going to hear the truth - or something correct - if its to their benefit.