After a burn-out Karl spends time in his home region, the Black Forest. His car gets lost and is picked up by penniless magician Amadori who enjoys posing as wealthy entrepreneur Karl while Karl reunites with the love of his youth, Liesl.

Princess Stauffenstein has arranged a marriage for her grandnephew Poldi and orders him to meet his unknown bride Steffi. But he falls for alluring dancer Ilonka while his uncle Leopold, sent to reason with him, is enchanted by Steffi.