I agree that the currency never circulating, doesn’t prove that he died. It only proves that the money never left the forest. The high jacker could have become separated from the money.
I think better evidence that he died, is the circumstances. Jumping out of that type of aircraft, with that type of parachute, under those conditions, was extremely risky at best, and I think unlikely to be successful.
The fact that the money was abandoned, just corroborates that theory. The guy risked his life and going to prison for that money. I think it would be highly unlikely that he would just leave it behind, if he had survived.