Paul Berenberg (born 1716, died 1768) was a Hamburg merchant and banker and a member of the Berenberg banking family.
He served as a Senator of Hamburg, succeeding his father Rudolf Berenberg.
His brothers were Rudolf Berenberg (1712–1761), merchant in Hamburg, Cornelius Berenberg (1714–1773), merchant in Livorno, and Johann Berenberg (1718–1772), merchant in Hamburg.