Born a fully grown black man in a village in the Brazilian jungle, Macunaíma later magically transforms into a white man before making an adventure-filled trip to the city of São Paulo. Once there, he becomes something of a dandy, falling in love with Ci, a revolutionary who dies in an accidental bombing. After robbing a ruthless industrialist, Macunaima returns to his village where he finds his newly acquired knowledge and possessions of little use.

Born and raised in the misery of Brazilian slums, Jorge becomes a luxury house burglar in São Paulo and gets nicknamed "The Red Light Bandit" by the sensationalist press. In addition to wearing a red flashlight, he talks to his hostages in an irreverent tone and makes bold breakthroughs to later spend the money extravagantly. His world is the decadent neighbourhood of Boca do Lixo.