I'm not going to get my dh's mom's husband a gift that was only for him at christmas
What do you think about giving a gift that is shared with others?
I feel it is a waste of money
I think if you view it as a good gesture that would make him happy then you wouldn't view it as a waste of money. I'm sure he would be very appreciative towards it.
I'm only saying that I don't feel like giving him a gift while I know they are doing well with money. Sucks for them.
Regardless of wealth or not it would still be a good gesture. I would take some time to think about it and reconsider getting the gift.