Compositions and methods for preparing at least partially hollow nanoparticles having an outer shell comprising a one or more molecules and/or residues derived from a metal soap, where the nanoparticles each comprise a continuous inner void space that averages at least 10 percent of the volume of each of the nanoparticles. Such at least partially hollow nanoparticles can be employed in a variety of applications including, but not limited to, tire manufacturing.