General Information:

The person who sings this song continues to describe a person who reveres Yahweh.

Wealth and riches are in his house

Here the word "house" represents the family. The words "Wealth" and "riches" mean basically the same thing and indicate an abundance of wealth. Alternate translation: "His family is very wealthy" (See: rc://en/ta/man/translate/figs-metonymy and rc://en/ta/man/translate/figs-doublet)