In French a “caïd” is a gang leader of dealers, thieves and other shady stuff but not in big organisations like mafia.
Historically Qaid means “chief” in arabic but the word has been deformed : https://en.wikipedia.org/wiki/Qaid
In this music, it’s a contrast with “les gros bonnets”, who are important people thanks to finance, their job position or the mafia.
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