He is the man who cannot die. A myth. A legend. A Phantom.
400 years ago, a young boy was the sole survivor of the ruthless Sengh Brotherhood pirate attack on his father's merchant ship. He vowed an oath that he and his descendants would wipe out evil, injustice, cruelty, greed, and piracy. And for 400 years, his familial line has maintained that vow. Every generation, one would don a masked identity as "The Phantom".
In 1938, Kit Walker is the present day Phantom who has recently inherited the mantle from his father who was slain in the line of duty. Pursuing his father's murderer to New York City, he discovers that his vengeance will have to be put aside because the man who is employing his father's murderer intends to conquer the world via three powerful mystic skulls that when brought together, will provide the wielder with a powerful weapon of mass destruction. And the only one who can possibly thwart him is the Phantom.
- Billy Zane as The Phantom
- Treat Williams as Xander Drax
- Kristy Swanson as Diana Palmer
- Catherine Zeta-Jones as Sala
- Radmar Agana Jao as Guran
- James Remar as Quill
- Patrick McGoohan as The Phantom's Father
- Cary-Hiroyuki Tagawa as The Great Kabai Sengh
- Bill Smitrovich as Dave Palmer
- Casey Siemaszko as Morgan
- David Proval as Charlie Zephro
- Joseph Ragno as Ray Zephro
- Samantha Eggar as Lily Palmer
- Jon Tenney as Jimmy Wells
- John Capodice as Al the Cabby