yes, it's true.

"Praise be to you, O Lord,
God of our father Israel,
from everlasting to everlasting.
Yours, O Lord, is the greatness and the
power and the glory and the majesty and
the splendor,for everything in heaven and earth
is yours. Yours, O Lord is the kingdom;
you are exalted as head over
all. Wealth and honor come from
you; you are the ruler of all things.
In your hands are strength and
power to exalt and give strength to all.
Now, our God, we give you thanks,
and praise your glorious name."

1 Chronicles 29:10-13

Please remember in everything that happens in life, it is all from the Lord in the first place. We have to remember to praise and thank Him, for without Him we would have nothing.