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1.
A night or event that is deemed awesome/insane enough by Rich.
Example 1: Mdogg's birthday was bound to be insanely awesome. "Richfest 2009" was born.

Example 2: While everyone was out Rich rolls an impressively large cone joint. Rich proclaims "Richfest: Chapter II" will happen tonight.
by Drsmokesalot February 20, 2010