it would depend upon his position
it's almost --- exclusively used by supports because in order for it to be effective, you need to have minions nearby dying to an ally
I can't weigh in much as I haven't seen his gameplay, but as his jungler position, he would probably be better off just taking the jungle item and maybe leaving it alone to go to other items
you can't have both it and a jungle item at the same time after all
for top lane, i'd say it's mostly the same. You'd be better off going for a refillable potion
or
faerie charm if it still is available. don't forget that if mana is a concern, you can get the rune's reforged one that makes mana a lot less of a concern
not sure about corrupting potion
#TLDR: you don't get free coins from your own lane. it only works if an ally kills the minions
if gold is your concern, there are other items and the kleptomancy rune. he might even be able to run kleptomancy with his shield, but you would have to be very careful about what enemy he faces