rainbowgangster Share definition Flag a rainbow gangster; a racially mixed and/or gay, gangster ( or want to be gangster) look at that rainbowgangster those crips are probably gonna beat the S#$* outa him. rainbowgangster by Christian Harper January 30, 2008 0 0 Get merch Get the rainbowgangster mug. Buy Now — $32.95 See more merch