Born in 1338
- Jan 4 Muhammad V of Granada [al-Ghani bi'llah], Ruler of Granada (1354-59, 1362-91), completed the Alhambra, (d. 1391)
- Jan 21 Charles V 'the Wise', King of France during Hundred Years' (1364-80), born at Château de Vincennes, France (d. 1380)
- Feb 3 Jeanne de Bourbon, wife of Charles V of France (d. 1378)
- Mar 16 Thomas de Beauchamp, 12th Earl of Warwick (d. 1401)
- Nov 29 Lionel of Antwerp, 1st Duke of Clarence, son of Edward III of England, born in Antwerp, Buchy of Brabant (d. 1368)
Who Died in 1338
- Jan 1 Shūhō Myōchō, aka Daito Kokushi, Japanese Zen Buddhist monk, and leader of O-To-Kan Rinzai school in Japan, dies at 55
- Apr 24 Marquis Theodore I of Montferrat (b. 1291)
- Aug 4 Thomas of Brotherton, 1st Earl of Norfolk, son of Edward I of England (b. 1300)