Rich kids "slumming it" and thinking they're being cool by smoking pot and living out their "creative" fantasies that usually don't come to anything, in between travelling to exotic third world places
like Bali, Morocco, or Thailand, more or less
like a cross between a neohippie and a
hipster (although there is considerable overlap between trustafarians and both of those other subcultures) commonly found in the Venice, Echo Park,Atwater Village, and Silver
Lake neighborhoods in
L.A. (although Silver
Lake is getting a bit too expensive for all but the wealthiest trustafarians, so some are going to Hollywood and assuredly some will go to Koreatown soon if they haven't already). The term is derived from a combination of "trust fund" and "Rastafarian".
Abbott Kinney Blvd. in
Venice is riddled with trustafarians who
claim to be working on
film scripts or doing art but nothing they're doing ever amounts to anything.,