The creation of core–shell particles is attracting a great deal of interest because of the diverse applicability of these colloidal particles; e.g., as building blocks for photonic crystals, in multi‐enzyme biocatalysis, and in drug delivery. This review presents the state‐of‐the‐art in strategies for engineering particle surfaces, such as the layer‐by‐layer deposition process (see Figure), which allows fine control over shell thickness and composition.