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Lipids. Lipids are very diverse in both their respective structures and functions. These diverse compounds that make up the lipid family are so grouped because they are insoluble in water. They are however soluble in other organic solvents such as ether, acetone, and other lipids.Major lipid groups include fats, phospholipids, steroids, and waxes.hese diverse compounds that make up the lipid family are so grouped because they are insoluble in water. They are however soluble in other organic solvents such as ether, acetone, and other lipids.
1. Triglycerides. Triglyceride molecules are made from three molecules of fatty acids and one glycerol molecule. The fat can be either unsaturated or saturated. Triglycerides are able to float in a cellâs cytoplasm since they have a lower density than water and are non-soluble, as is the case with all lipids.