The 47 M resistor only contributes significant to noise at frequencies below the lower cross over, which is at some 0.3 Hz.
At higher frequencies the noise from the resistor is shorted by the source (unless that is higher than 47 M). One would hear the noise with an open input.
The capacitor impedance does not mean it would produce the corresponding amount of noise. The capacitor does produce a little noise but this is only from the loss part, which is something like 0.1 - 1 % of the impedance.
So the design can be low noise, but I would not expect it to be low distortion.