A wealthy, upscale neighborhood or community with very rich people, but also with lots of drug abuse, general crime, "drama" and lots of ignorant & uninformed kids with younger, bad parents. A general disdain towards the rich ghetto is also held by others who live in nearby communities and those who disagree with the behavior of their fellow neighbors.
Suburban communities in generally wealthy cities; a rich ghetto has lots of younger families with teenage children.
by Chuck Procyk December 12, 2008
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When a person of low financial ability, usually due to poor self control, laziness and/or all out pure stupidity, comes into large sum of money (Example: "Income tax refund, accident settlement, inheritance, etc.") and lives like a King/Queen for a short period of time. Spending the money on crap they do not need nor can normally afford, instead of saving the money or paying of debts like a responsible adult would do.

This term is most used to define those who live in the "Ghetto" or otherwise known as the poor area of town. The people most referred to by this term are the following: 1. Mothers who have 3+ children with ADD (All Different Daddies) who live off child support and the government welfare system, drug addicts, alcoholics , etc.
Damn girl friend, your ghetto rich for a minute. (misuse of the word "your" was intentional.)

That b*tch got his settlement from that accident. He Ghetto Rich now and be broke as a b*tch next week.
by Dizfunkshunal August 18, 2022
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