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Cristiano Ronaldo’s extra-time miss from the spot took the match into a shootout.
France won 1-0 with Muani's late strike deflected in off Jan Vertonghen in the Belgian defence.
Three-times champions Spain survived the early scare of an own goal to beat a spirited Georgia 4-1 on Sunday
Bellingham's moment of inspiration five minutes into six added on in stoppage time breathed new life into Gareth Southgate's reign as England boss.
The game was suspended for 20 minutes in the first half due to the weather before Danish defender Joachim Andersen went from hero to zero when his close-range finish was disallowed for offside and he conceded a penalty.
Italy lost 2-0 with Remo Freuler and Ruben Vargas scoring the goals.
Ivanishvili, who is worth $4.9 billion, pledged a further 30 million lari if Georgia beat Spain in the last 16.
The knock-out phase action begins on Saturday.
The win, albeit against a largely second-string Portugal who had already made it into the next round, represented the greatest result for Georgia since the country gained independence from the Soviet Union in 1991.
As well as two reds, the referee also showed 16 yellow cards to set a new Euros disciplinary record.
Results 21-30 of 66
