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Facebook co-founder Chris Hughes has just purchased a modern home in Shokan, N.Y., for $1,922,500—in cash. The flashy move is no new thing for tech titans, who are accustomed to spending handsomely on real estate—two years ago, even perennial renter Mark Zuckerberg finally dropped $7M on a new pad near the Facebook HQ. [NYM via The Real Estalker; previously]