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1.
(Pro-nounced as Rich-e's)

A nipple, that when squeezed, discharges a puss like substance.

In Thailand, they believe the discharge is rich in vitamin E, hence the name being Rich-e's Nipple.
Bill: "Jared!"
Jared: "Wurt? Wurt the hell do you want this time Bill?"
Bill: "That guy with his top off has totally got a Riches Nipple!"
Jared: "Dude. That's not a Riches Nipple. He's not even squeezing it. Just means the dude don't bath."
by Merner.J March 31, 2010