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A person that makes shit happen. Without additional context, "baller" typically is assumed to imply demonstrated ability in generating prodigious amounts of cash money, and/or a proficiency with creating frequent and mind-blowing sexual opportunities (note the non-gender specific reference, implying that ballers can be men or women, gay or straight -- it is a matter of perspective).

In modern usage, baller does not refer to sports ability -- although the term is likely to have originated with basketball. Still, the reference to "game" is important to the definition of a baller. A baller must have game. A mad baller must have mad game. (Here, game is referenced according to the current definition (which pretty can mean pretty much anything, but generally refers to business, social relationships, or desired activities in general).

See also: Mad Baller; Game; Pimp; Rock Star
usage:

Cat 1: "That cat is a baller. He just (sold $1m of stock | bought a Ferrari | scored backstage access | flew first class | got on a bus full of supermodels | etc.)

Cat 2: "Yeah -- he's got game. Mad game."

Cat 1: "Agreed. He is a mad baller"

Cat 2: "Word."
Baller by cginger January 13, 2014
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A name given to a baby to describe her beauty.
I shall name her Belle because she looks like her mother.
belle by Bella6773 February 10, 2017

ballerass 

A higher stratification of the term "baller."
Person A: I just bought the new Kanye album
Person B: How is it?
Person A: Balling.
Person B: Is that all?
Person A: Correction--it's ballerass.
The most attractive, beautiful, hottest, coolest chick you will ever meet. Belle is trust worthy and always the friend to be there for you, but watch out she can be very wild especially at parties. Dont underestimate her for she is talented in every way possible. Belle has the most gorgeous smile in the world.
hey get Belle to come with us, she will get the party started
Belle by random72 August 29, 2010

Bellarose 

Is a person that is a girl, and is very beautiful but hesitant. She loves flowers and nature, but she can also be vary harsh. She loves her family and very overprotective of it. She is very adventurous and outgoing. She love colors and styles of her own choice. She doesn't like being bossed around and lies a lot to get out of trouble. She is a very messy yet clean person. She is very quiet or mad sometimes when something is wrong. She can be good at school but does not choose to. She does not like to talk about her feelings to people. When she is around her friends or family she is very loud and obnoxious. She love meeting people, but is carful to not expect anything. That is the meaning of Bellarose
Person: Is your name Bellarose/Bella?

Bellarose: Yes, how did you know?

Person: Because you love colors
this is old 70 s and early 80 s slang for dealers who sold eight balls of cocaine.. it went on in the late eighties to mean anybody who is rolling in money and dealing in drugs... in the early 90s it was attributed to rap stars and anybody who was just rolling in the dough... It is currently (after late 90s) attributed to ball players rolling in the dough.
yo brother I need to re-up, you know anyone thats ballin. We looking for some large amounts so we need a baller.
Baller by madgenius818 August 15, 2014