The song is about The Prince of Bel-Air, starring Smith as a street kid from Philadelphia whose mother sends him to the rich enclave of Bel-Air, California to live with his uncles.
Now this is a story all about how
My life got flipped-turned upside down
And I'd like to take a minute
Just sit right there
I'll tell you how
I became the prince of a town called Bel-Air
In west Philadelphia born and raised
On the playground was where I spent most of my days
Chillin' out maxin' relaxin' all cool
And all shooting some b-ball outside of the school
When a couple of guys who were up to no good
Started making trouble in my neighborhood
I got in one little fight and my mom got scared
"You're movin' with your auntie and uncle in Bel-Air"
I begged and pleaded with her day after day
But she packed my suitcase and sent me on my way
She gave me a kiss and then she gave me my ticket
I put my Walkman on and said
"I might as well kick it"
First class, yo, this is bad
Drinking orange juice out of a champagne glass
Is this what the people of Bel-Air living like?
Hmm, this might be alright
I whistled for a cab and when it came near
The license plate said "Fresh" and it had dice in the mirror
If anything I could say that this cab was rare
But I thought, "Nah, forget it"
– "Yo, home to Bel-Air"
I pulled up to the house about 7 or 8
And I yelled to the cabbie, "Yo home smell ya later"
I looked at my kingdom
I was finally there
To sit on my throne as the Prince of Bel-Air