Will Drake, played by Cheyenne Jackson, is an incredibly wealthy fashion mogul who buys the Cortez hotel. 

Although he identifies as gay when he first appears, he does admit that he is also attracted to women. The Countess sets out to seduce him and soon succeeds. He eventually proposes to her. He takes the time to explain his sexuality to his son before the wedding saying,

I'm going to be blunt. Your father is bisexual. People think that word is dirty, but it's not. It means I like men and women equally.