Fixing poverty in four little steps

[All Mankind]

1. Take a part of the world's surplus money, let's say just 10% of the fortune of the wealthiest 20% (18 000 000 000 000 dollars American at a conservative count), and put it in a fund of some sort. They wont have time to miss it before it flows back to them with interest!
2. Based on this four-year Ugandan project, give this money out to applicants who provide a plan for how they're going to study, practice or buy hardware to benefit from this grant. If as many as the poorer four billion humans apply, the money should be sufficient to give each of them at least ten times more than the Ugandans got per head. And if that sounds low, remember there's a shitload more cash lying around where it doesn't do any good.
3. Wait four to ten years.
4. ?????
4. Profit. There's no mystery involved. We just go straight to the profit.