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In Texas this may be used to describe a white (of anglo descent) person, but it is actually more broadly used to describe a type of bread that Mexican people are known to purchase at local Mexican "panaderias" or bakeries. It is usually eaten with cofee, or can be used for tortas (mexican poor boy sandwiches)

It is not always used in a prejudice way.
"Mija, ve y compra unos bollios para comer con cafe."
"Voy a comprar bolillos para preparar unas tortas."
bolillo by loveisjesuscristo August 13, 2009
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Means that this person is the one who is going to make your day; the guy that has a good sex with his 14 inch penis;the person with this last name is going to be ther sexiest person around
"Good god is that guy part of the bonilla family cause he is fine !!"
bonilla by cornshirt cupcake November 25, 2009
"That's not what he said you ignorant wretch. Your spanish is worse than your english." - Tombstone

I'm surprised no one has really tackled the definition for this one yet! Bolillo is a name for varying kinds of Mexican (white) bread. I disagree with the other definition that states bolillo is a racial slur, however. I've traveled in Central America and Mexico (and Texas, my home) and never got the impression that 'bolillo' was a negative term. It is simply a general term for light-skinned, non-mexicans which may be used in a negative fashion. See 'gringo' and 'guero' for additional related terms.
Some bolillos don't learn spanish properly and frequently misspell words such as guero and esposo (the 'o' designates masculinity, which is important in espanol).
bolillo by esoteric August 20, 2006

Alex Bonilla 

Smells bad has fungus on his neck calls everyone bru nickname mugre and likes his cousin
Alex Bonilla by Eli salcedo April 29, 2019

Alex bonilla 

A kid who has a dirty neck and big lips and who is very dirty / a kid who dates his cousin
Don't be a alex bonilla.
Alex bonilla by mugre watcher April 21, 2019
General term for a white/pale-skined person; a bread roll.
I'll go with bolillo as being used fairly neutrally, at least in South Texas. Christmas, 2011, we were visiting a relative in an assisted living facility in the Lower Rio Grande Valley and a Mexican-American Jesus Lady, obviously very kind and well-intentioned, came by to pray for us. The relative and my wife are very pale Puerto Ricans (I'm Scots-Irish and look it) and the JL went on a bit about Hispanics who look like bolillos, winding up with introducing her husband, also a bolillo. Clearly, she had no thought that the term might be offensive.

Oh, and our San Antonio supermarket bakery has a bin labled "Bolillos."
Bolillo by Pan de agua December 28, 2011

Bolillos 

Slang term used to describe a skinny flabby chicken ass on a fat person that resembles two bolillo Mexican style bread rolls.
Jenny was willing to give Sal a chance but instantly regretted her decision when he took off his underwear and she got a glimpse of his Bolillos.
Bolillos by Sacramento Solon December 19, 2016