Billionaire media baron Rupert Murdoch angered critics with one particular part of his announcement that he was stepping down as Fox Corp. and News Corp. chair.

In a memo to colleagues on Thursday, Murdoch railed against so-called elites who he claimed have open contempt for those who are not members of their rarefied class.

Most of the media is in cahoots with those elites, peddling political narratives rather than pursuing the truth, he added.