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Someone who makes $250,000 per year. The term is used to identify upper-middle-class Americans who make just enough money to be considered "rich" by the middle class, but who are nowhere close to being "rich" when compared to truly rich people like [successful] entertainers, sports figures, or corporate CEOs. When asked how much money a family needs to make to be considered "rich" in the USA, [Barack Obama] replied $250,000. Obama Wealthy families are often unhappy about being considered "rich", since they do not enjoy the lifestyles of truly rich Americans like Oprah, Bill Gates, or [Paris Hilton].
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