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1.
A gawt is someone who takes themselves way too seriously, almost to the point of self parody. Can be found at the Silver Lake Golf Course, showing off their fancy watches and rolls of $20 to the barbeque crew.

Also describes anyone who behaves as if they were Harvey Dent.
"That nigga Josh is such a gawt, rolling around in that piff ass MB."

"This nigga thinks he's Harvey Dent-what a gawt!"
von Chesley Bangworth III 10. März 2009
 
2.
A way of referring to a person in both a derogatory way and a positive way, depending on context.

White version of "gaad'

Professor Twell is such a gawt, assigning a 10pg paper to us university types.

Yo gawt, I havent seen you since we smoking that ill piff of piff.
von Chester Chiefington 7. Dezember 2008
 
3.
A derogatory word used to describe a typical Staten Island Guido, or someone who thinks they are important and own shit.
Look at this gawt, nigga thinks hes Harvey Dent; we got Gotham's white knight up in here.

Did you see all those Gawts in beergoggles last night.
von gawtface killa 9. März 2009