priviliged white kids who subsribe to the hippie lifestyle (because they can) since they have no worries about money, a job etc. They can then devote their lives to eating organic, following Phish, and wearing dreadlocks (no need for job interviews).
Sarah is a trustafarian. It's totally evidenced by the combination of her brand new car and nice digs with her "earthy" clothes and dreadlocks.
by kayla December 3, 2003
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A word that combines Trust-Fund with Rastafarian. A well to do hippie type person that is not encumbered by a job and usually has hair matted into dreadlocks. While not especially materialistic they have resources that enable them to attend a multitude of events such as Burning Man, all forms of jam band concerts, enviromential protests and the like.
Those guys that can afford to follow a Jam-Band around the country must be trustafarians or something.
by Eddie Sharp September 1, 2005
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a. a spoiled rich white kid who smokes pot.
b. a person who, in an act of rebellion has taken to smoking pot, pan-handling, and following grateful dead rip-off bands during the week, and then returning to his or her parent's cozy home in the suburbs during the weekend.
c. one who lives with poorer people in an attempt to gain credibility, or street-cred, while disguising the trust fund they actually live off
Don't let that guy smoke any of your stash, he's a trustafarian, and never has his own to share.
by rubensinclair April 30, 2003
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Portmanteau of trust fund and rastafarian. A hippie poser. Essentially a rich kid who smokes weed, wears hats designed to hold dreads when he in fact has none, and uses the word "peace" to say bye.
Money can't buy hippieness, you stupid trustafarian!
by FARoth May 9, 2006
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A trustafarian is a spoiled rich kid most often still in college who decides to adopt a neo-hippie lifestyle to fit in and because their parents are supporting them with money which is then used to buy drugs. This way trustafarians can afford to go to jam band concerts and dance like a prick, and generally become a complete burnout on their parents tab. In a rather ironic twist some trustafarians were former fraternity/sorority members and have decided to discard their former conservative ideals all to common within the greek system and a adopt a more progressive liberal outlook. All in the pursuit of the next drug and alcohol bender courtesy of daddy's credit card.
Serious student: Man this marketing test tomorrow is gonna kill me. I've been studying all night!

Trustafarian: No way bro! I'm hitting up Phish tonight. Gonna be absolutely filthy. Trey is gonna melt my face. Gonna straight RAGE! Already got my goody bag ready for the show if you know what I mean.

Serious student: Wow... his dad even PAYS him to be a piece of shit.
by lotnot396 January 15, 2013
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financially backed wanna-be hippies
milyn is a trustafarian, she follows phish in her mercedes E420.
by darkasnight January 20, 2003
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A rich young white person, from a mansion house in the shires, usually with trust funds from mummy and daddy yet pretends he is poor. This species, more often than not, have dreadlocks, wear ethnic clothing, play the digeree-doo, dodge soap and generally mope around thinking they alternative and above everyone else. Over the last 20 years or so they have infested India, Thailand and Nepal under the premise they are travellers, not tourists. Most will end up working for their daddy as a venture capitalist.
Look at that trustafian sitting there twiddling his dreadlocks. What a c**t.
by dunno August 21, 2003
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