What does caked up mean?

The slang term "caked up" refers to someone who has a lot of money or material wealth. It is often used to describe someone who is very successful and has achieved a high level of financial status. The term can also be used to refer to someone who is "flashy" or shows off their wealth. For example, someone might say, "He's so caked up, he's got a mansion in the Hollywood Hills and a private jet." The term "caked up" is thought to have originated from the idea of someone being "covered" in money, like a cake is covered in frosting. It is a positive term that is used to express admiration for someone's success.