What is "hood rich"

a. Exhibiting flamboyant spending habits, while doing nothing to improve one’s living conditions.

Hood Rich is the fourth studio album by American hip hop duo Big Tymers. The album was released on April 30, 2002, by Cash Money Records and Universal Records. It features the singles " Still Fly" and "Oh Yeah". It is the first The Big Tymers CD not to be exclusively produced by Mannie Fresh. The album debuted at number 1 on the Billboard 200 with first-week sales of 168,000 copies and was certified Platinum by the RIAA.