In 1980, he founded the Saad Group, a conglomerate with operations in construction & engineering, real estate development, financial services and investments.
He has also founded a private hospital, several educational facilities and a support center for special-needs children and their families.
[1] It is alleged that he funded all this by defrauding his wife's family, the Al Gosaibis.
[2] Al-Sanea’s family investment company, Saad Investments Co. Ltd. collapsed in 2009 and remains involved in a lengthy liquidation process,[3][4] including the case Singularis Holdings Limited (in liquidation) v Daiwa Capital Markets Europe Limited.
In October, 2017, he was arrested in his home in Saudi Arabia.