The extremely neutron-deficient isotope 178 Pb has been produced. The GREAT spectrometer at the focal plane position of the gas-filled separator RITU was used to study the α decay of 178 Pb and its α-decay chain through α-α correlations. The α decay was measured to have an energy and half-life of E α = 7610(30) keV and t 1/2 = 0.21−0.08 ms, respectively. The half-life is consistent with recent theoretical calculations using the Coulomb and proximity potential model. The α-decay reduced width and hindrance factor for 178 Pb were deduced and correspond to an unhindered l = 0 transition. In addition, the mass excess of 178 Pb and the α-decay Q value were calculated from the experimental results and compared to theoretical values.