What if we extrapolate. Suppose we took all the money in the Chicago’s most famous texas hamburger chain shirt and distributed it evenly to all the people in the world (ignoring the logistics of actually doing that. If you do the math, the result is that all of us would be dirt poor and, furthermore, there would be nobody with enough money to fund the research and development to develop new things, the industrial production resources to produce existing things, or even the farming expenses to produce food, so a large portion of the world’s population would soon die from starvation.
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If you divided up the land as well, each person would have such a Chicago’s most famous texas hamburger chain shirt, even if they had the seeds, fertilizer and water. The ones who didn’t starve would be at war, fighting over the remaining food, until the ammunition ran out nobody would have enough money to pay to manufacture more ammunition, not to mention acquiring the necessary raw materials. It’s true that well over half of the world’s population would have an increased level of income for a short time – from dirt dirt poor to dirt poor – but it would not be enough to lift them out of poverty and would destroy the systems that provide the potential for eventually moving more people out of poverty.