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Ghetto Rich 

When a person of no money or wealth receives a sum of money and spends it on crap they don't need. For example; payday, pawning something of value, or Workman's comp settlement.
Marcus: Hey, I just won $50 on a lottery ticket. Can you give me a ride to liquor store to buy some Miller Lite and some pornos.

Jon: Dude, you are Ghetto Rich. You can at least spring for some Bud Lite.
Ghetto Rich by DB in MO October 16, 2008
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ghetto rich 

primarily invested in depreciating assets i.e. cars, clothes, jewelery ghetto fabulous
someone with a tricked out car, a closet full of throwbacks, and no savings account is ghetto rich
ghetto rich by ryan January 14, 2005

Ghetto Rich 

When a lazy, non-working, baby-hatchery mother gets Government money (welfare, Social Security, HUD, etc.) because she produces so many children.
Where did LaNeesha get the money for that new weave, those gold rims on her Pinto, and those designer sunglasses?

"Didn't you hear? All of her baby daddies were killed pulling that home invasion upstate and now she gets Social Security for her kids."

All eight of them?!?!

"Yup. She's ghetto rich."
Ghetto Rich by mike87111 December 15, 2011

ghetto rich 

Converting one's bills into singles, making the apperance of wealth.
Ghetto Booty: Girl, I thought that pimp was rich, but all he had was ones.

A twenty turned to one dollar bills makes you ghetto rich.
ghetto rich by John K. July 26, 2005

ghetto rich 

So ghetto, straight from the hood, it's rich
ghetto rich by jeanine March 26, 2004

Ghetto Rich 

When you work so much you don't have time to spend all the money you have accumulated.
Being Ghetto Rich is nice but when you don't have enough time to spend the money it sucks!!
Ghetto Rich by trogdor357 December 1, 2010

Ghetto Rich 

When a person of low financial ability, usually due to poor self control, laziness and/or all out pure stupidity, comes into large sum of money (Example: "Income tax refund, accident settlement, inheritance, etc.") and lives like a King/Queen for a short period of time. Spending the money on crap they do not need nor can normally afford, instead of saving the money or paying of debts like a responsible adult would do.

This term is most used to define those who live in the "Ghetto" or otherwise known as the poor area of town. The people most referred to by this term are the following: 1. Mothers who have 3+ children with ADD (All Different Daddies) who live off child support and the government welfare system, drug addicts, alcoholics , etc.
Damn girl friend, your ghetto rich for a minute. (misuse of the word "your" was intentional.)

That b*tch got his settlement from that accident. He Ghetto Rich now and be broke as a b*tch next week.
Ghetto Rich by Dizfunkshunal August 18, 2022