Its Great To Be An Auburn Tiger. WAAAARRRR EAGLE, HEY! This is a common cheer at Auburn football games, and its true.
This is also used commonly at the end of posts on college football forums where an educated Auburn fan made an Auburn-obsessed Alabama fan who was trolling the boards look stupid.
Can be used in any and all social settings. Ironic because usually the speaker is not wealthy at all. And/or the rest of the crowd has no idea what they're talking about.