The Inherited Wealth Club has announced the auction of recently looted 20th Century Art at 2 in the afternoon on May 1st (May Day). The club, which moved to a new home on the corner of 5th Avenue and 81st Street last year, was recently embroiled in a controversy over the placement of a 12 foot neon sign with the club’s name and the slogan, “Great Wealth is Great Wisdom.” One hundred percent of the proceeds from the sale of the art work will, of course, go to the club members.