You can go ahead and force every billionaire to sell off everything they own and hand it to the government and all you end up with is a one time boost to government tax receipts.
That's it. One time boost. Next year those billionaires will be gone. There won't be new ones.
And it won't create any more food. It won't solve shortages. It won't create more solar panels. It won't create 1 mile of copper lines.
Because when the government goes and says "I need 40 million acres of solar panels"... Who is going to do that? Where is that going to come from?