19:22a

When the young man heard this: The word this refers to Jesus’ words in 19:21.

Here are some other ways to translate this clause:

When the young man heard these/those words
-or-
When he heard this/that

he went away in sorrow: The Greek word that the Berean Standard Bible translates as in sorrow refers to an ongoing, deep grieving.

Here are some other ways to translate this clause:

he went away grieving (New American Standard Bible)
-or-
he left and he was very sad

19:22b

because: The Greek conjunction that the Berean Standard Bible translates as because introduces the reason why the young man went away sad.

Here are some other ways to translate this conjunction:

for (English Standard Version)
-or-
The reason was that

he had great wealth: The Greek phrase that the Berean Standard Bible translates as great wealth refers to a large number of things that the young man owned. Possessions are things like money, land, houses, clothing, etc.

Here are some other ways to translate this clause:

he had many possessions (New Revised Standard Version)
-or-
he was very rich (Good News Translation)

-or-

he owned many things

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