To win the hand of the caliph of Bagdad’s daughter (played by Julanne Johnston), a thief (Fairbanks) embarks on a dangerous and mystical journey to secure the most desirable treasure imaginable.
　　The film was a popular success, and Fairbanks made women swoon as one of the screen’s first superstars. Known for his dashing demeanour and incredible stunts, Fairbanks, who would also routinely contribute to the scripts of his films under the pseudonym Elton Thomas, actually created the story for this version of The Thief of Bagdad and included types of special effects and production design never previously seen by audiences. The film was remade several times, of which the most notable is the 1940 British film directed by Ludwig Berger, Michael Powell, and Tim Whelan.

　　汤姆（弗雷德里克·马奇 Fredric March 饰）是一名内心怀揣着远大理想的剧作家，而乔治（加里·库柏 Gary Cooper 饰）则是一位名不见经传的小小画家，两人同为文艺界人士，在巴黎合租了一幢公寓。一次偶然中，汤姆和乔治邂逅了名为吉尔达（米利亚姆·霍普金斯 Miriam Hopkins 饰）的女子，两人同时被吉尔达与众不同的魅力所深深吸引，坠入了情网。
　　然而，夹在这两个男人之间的吉尔达无法做出选择，于是想出了一个注意，那就是住进汤姆和乔治家中，督促他们创作作品，就这样，一段奇怪的三角关系形成了。为了创作一部话剧，汤姆需要返回伦敦待一阵子，他十分担心在他不在的这段时间里，乔治和吉尔达之间会擦出火花。