Lecithin is a very useful biosurfactant. In this work, the effects of compressed CO2 on the critical micelle concentration (cmc) of lecithin in cyclohexane and solubilization of water, lysozyme, and PdCl2 in the lecithin reverse micelles were studied. The micropolarity and pH value of the polar cores of the reverse micelles with and without CO2 were also investigated. It was found that CO2 could reduce the cmc of the micellar solution and enhance the capacity of the reverse micelles to solubilize water, the biomolecule, and the inorganic salt significantly. Moreover, the water pools could not be formed in the reverse micelles in the absence Of CO2 because of the limited amount of water solubilized. However, the water pools could be formed in the presence of CO2 because large amounts of water could be solubilized. All of these provide more opportunity for effective utilization of this green surfactant. The possible mechanism for tuning the properties of the reverse micelles by CO2 is discussed.