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A billionaire. And no, "billy" is not derived from Bill Gates.
Bill Gates may be a billy, but Steve Jobs is a superhero.
billy by RoddickRemixed October 20, 2007
Put your billy away!
billy by Trey Smart July 26, 2007
A pansexual dilettante and/or sequential hermaphrodite who makes odd, senseless statements and spills his Dairy Queen upside down trying to be like the commercial.
Awesome Guy: Why'd you dump out your Blizzard on the ground?

Billy: They did it on the commercial.

Awesome Guy: You're such a pansexual dilettante and/or sequential hermaphrodite. Shut up.

Billy: Okay.
Billy by NotBilly July 18, 2009
A guy who thinks he is all that but is actually an immature fat jerk
Billy is so stupid
Billy by SwimmerGirl223 September 2, 2016
Somone who has a 99% chance of owing you money
Hey can you spot me for a sweatshirt- billy, I’ll pay you back next Friday -billy
Billy by Billy billy May 14, 2019
A retard who thinks urban dictionary is the best thing in the world.
Oh my god, Billy's gonna search this on Urban Dictionary.
Billy by BakedBeans2005 September 17, 2019