Throughout the biological world, a 30 Å hydrophobic film typically delimits the environments that serve as the margin between life and death for individual cells. Biochemical and biophysical findings have provided a detailed model of the composition and structure of membranes, which includes levels of dynamic organization both across the lipid bilayer (lipid asymmetry) and in the lateral dimension (lipid domains) of membranes. How do cells apply anabolic and catabolic enzymes, translocases and transporters, plus the intrinsic physical phase behaviour of lipids and their interactions with membrane proteins, to create the unique compositions and multiple functionalities of their individual membranes?From the ongoing cataloguing of lipid structures (lipidomics), it is clear that eukaryotic cells invest substantial resources in generating thousands of different lipids 1 . Why do cells use ~5% of their genes to synthesize all of these lipids? The fundamental biological maxim that 'structure subserves function' implies that there must be evolutionary advantages that are dependent on a complex lipid repertoire. Although we now understand the specific functions of numerous lipids, the full definition of the utility of the eukaryotic lipid repertoire remains elusive.Lipids fulfil three general functions. First, because of their relatively reduced state, lipids are used for energy storage, principally as triacylglycerol esters and steryl esters, in lipid droplets. These function primarily as anhydrous reservoirs for the efficient storage of caloric reserves and as caches of fatty acid and sterol components that are needed for membrane biogenesis. Second, the matrix of cellular membranes is formed by polar lipids, which consist of a hydrophobic and a hydrophilic portion. The propensity of the hydrophobic moieties to selfassociate (entropically driven by water), and the tendency of the hydrophilic moieties to interact with aqueous environments and with each other, is the physical basis of the spontaneous formation of membranes. This fundamental principle of amphipathic lipids is a chemical property that enabled the first cells to segregate their internal constituents from the external environment. This same principle is recapitulated within the cell to produce discrete organelles.