A homosexual male. A double entendre because cake is not a particularly masculine food and cake eater kind of sounds like cock eater.

That boy is a cake eater.

A cake eater actually refers to Edina, MN, saying the people in it are so rich they can have their cake and eat it too. It could also refer to rich white suburban kids in general, too. And BTW- Mighty Ducks was filmed in Minnesota, so he's probably literally calling that kid a cake-eater from Edina.

"look at that f*cker driving his brand new BMW out of the school parking lot. what a cake eater"

In Minnesota this goes as follows:

Usually used as a derogative term for calling a person of wealth a spoiled 'you have it too easy' piece of shit brat!

Usually called to rich kids who drive BMWs and Mercedes-Benz's and get their college and college housing totally paid for and also get a hefty monthly allowance that's so great that they have absolutely no need to work in order to maintain their lavish lifestyle. This is a cake eater.

Synonymous with calling someone: Spoiled rich little fuck!

Cassi: "Did you see Jesse's new BMW? He thinks he's so damn cool driving around in it but we all know his daddy bought it for him - and plus, the kid doesn't know how to drive it anyways!"

Tim: "Yeah, but dont worry about that cocky fucker, he's just another cake eater!"

A person from Edina, MN. Used because normal people only eat cake on their birthdays or for some other special occasion, while people from Edina eat cake for breakfast because they think they're better than everyone else.

Edina kid: "OMG! i scratched daddy's BMW! looks like i have to get a new one!"
Minneapolis kid: "Shut the fuck up before i rip you to pieces you fuckin cake eater"

(n) A guy that gets a shit load of attention from the ladies...ladies man.

that damn cake eater is getting all the attention from those girls while we're here fuckin talkin to each other... why the hell am i talking you anyways vinny??? i want some poon tang tonight.

Cake eater comes from the often misunderstood and misattributed phrase, "Let them eat cake!". Many say it was spoken my Marie Antoinette while others say the quote was originally attributed to Maria Theresa of Spain. Supposedly during the French Revolution when the hungry french were begging for bread to eat Marie replied with "Let them eat cake."

According to Wikipedia, it is in reference to "oven cake" which was used to clean out the brick ovens when too much soot and creosote built up; therefore she was saying "Let them eat crap," because she could care less about their hunger.

As the phrase has been misunderstood, many believed that she was saying, "Let them eat cake"; meaning, if they have no bread then let them eat cake, as her wealth and privilege did not allow her to understand that if the poor could not buy bread then they could also not afford cake. Because of this understanding people not of the bourgeoisie refer to the upper class as "cake eaters", people who are so wealthy and clueless of the difficulty that being poor can bring.

Paris: "Oh, my God, that refugee look is so hot! I would totally love to look like that, I don't know what their complaining about; just look at her cheekbones!"

Angelina: "God Paris, you're such a cake eater!"

The term cake eater describe a rather large person. Whom seems to consume not only cake, but anything else that is ediable despite the fact that it is making them grow to an un-healthy size.

"Wow look at that cake eater"
or
"Man, did you see that cake eater?"

or
"wow she's a real cake eater"